Question: please answer both(: The following table shows the actual demand observed over the last 4 years: Using exponential smoothing with =0.40 and a forecast for

please answer both(:  please answer both(: The following table shows the actual demand observed
over the last 4 years: Using exponential smoothing with =0.40 and a

The following table shows the actual demand observed over the last 4 years: Using exponential smoothing with =0.40 and a forecast for year 1 of 6.0, provide the forecast from periods 2 through 5 (round your responses to one decimal place). Provide the forecast from periods 2 through 5 using the naive approach (enter your responses as whole numbers). The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: a) Using a 2-year moving average, the forecast for year 6= miles (round your response to the nearest whole number). b) If a 2 -year moving average is used to make the forecast, the MAD based on this = miles (round your response to a whole number). (Hint: You will have only 3 years of matched data.)

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