The following table shows the actual demand observed over the last ll years. Year 1 2 3 4 5 6 7 8 9 1 answer below »

The following table shows the actual demand observed over the last ll years.

Year

1

2

3

4

5

6

7

8

9

10

11

Demand

8

8

5

10

11

7

11

13

10

9

7

Using exponential smoothing with a = 0.50 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 12.

Year

1

2

3

4

5

6

7

8

9

10

11

12

Forecast

7.0

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