Problem 4.3a

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The following table shows the actual demand observed over the last 11 years:

Year	1	2	3	4	5	6	7	8	9	10	11
Demand	8	10	4	7	13	9	11	14	9	11	8

Using exponential smoothing with

=

0.30

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	1	2	3	4	5	6	7	8	9	10	11	12
Forecast	7.0	7.47.4	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing	nothing