Question: Question He Problem 4.3a The following table shows the actual demand observed over the last 11 years: Year 1 2 3 4 5 6 7

Question He Problem 4.3a 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 7 8 6 9 13 9 11 12 9 11 7 Using exponential smoothing with 0.30 and a forecast for year 1 of 6.0, provide the forecast from periods 2 through 12 fround your responses to one decimal place) Year 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 6.0 6.3 6.8 7.0 7.6 9.2 9.3 9.8 10.5 10.5 11.0 12.2

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