Question: Problem 4.3a A Question Help 1 The following table shows the actual demand observed over the last 11 years: FREE 2 4 7 8 9

Problem 4.3a A Question Help 1 The following

Problem 4.3a A Question Help 1 The following table shows the actual demand observed over the last 11 years: FREE 2 4 7 8 9 11 CH Year Demand 1 8 3 5 5 12 6 9 10 13 9 9 12 12 9 8 Using exponential smoothing with a = 0.50 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place). Year 2 3 4 5 6 7 8 9 10 11 12 1 7.0 Forecast 7.5 8.3 6.6 7.8 9.9 9.5 10.7 11.4 10.2 10.2 11.6 11.6 9.8 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers). 2 3 4 5 6 7 8 9 10 11 12 Year Forecast

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