Question: Provide the forecast for parts two through five using the nave approach The following table shows the actual demand observed over the last 4 years:

Provide the forecast for parts two through five

Provide the forecast for parts two through five using the nave approach

The following table shows the actual demand observed over the last 4 years: 4 Year Demand 2 8 3 4 6 9 Using exponential smoothing with a = 0.40 and a forecast for year 1 of 5.0, provide the forecast from periods 2 through 5 (round your responses to one decimal place). Year 1 2 3 4 5 Forecast (ES) 5.0

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