Question: Question Help Problem 4.3a The following table shows the actual demand observed over the last 11 years: 6 9 Year Demand 1 8 2 10

Question Help Problem 4.3a The following table shows the actual demand observed over the last 11 years: 6 9 Year Demand 1 8 2 10 3 6 4 10 5 12 7 11 8 13 10 13 11 8 9 10 Using exponential smoothing with a = 0.40 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 5 6 7 8 9 10 11 12 Forecast 7.0 74 8.4 7.4 8.4 9.8 9.5 10.1 11.3 10.8 102 1 4 11.7 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers). Year 2 3 5 6 7 8 9 10 Forecast 4 11 12

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