The following table shows the actual demand observed over the last 11 years: Year Demand 1...

 

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The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 2 9 2 5.3 2 3 4 3 6.4 3 4 7 Using exponential smoothing with a = 0.30 and a forecast for year 1 of 5.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place). Year Forecast 1 5.0 6 7 8.2 8.1 4 4 5 5.7 6.1 5 13 5 6 8 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers) Year 8 Forecast 6 7 8 9 11. 12 10 7 8 8.9 9 9.8 9 10 9 10 11 7 10 11 9.9 9.6 11 12 12 8.8 The following table shows the actual demand observed over the last 11 years: Year Demand 1 6 2 9 2 5.3 2 3 4 3 6.4 3 4 7 Using exponential smoothing with a = 0.30 and a forecast for year 1 of 5.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place). Year Forecast 1 5.0 6 7 8.2 8.1 4 4 5 5.7 6.1 5 13 5 6 8 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers) Year 8 Forecast 6 7 8 9 11. 12 10 7 8 8.9 9 9.8 9 10 9 10 11 7 10 11 9.9 9.6 11 12 12 8.8