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  3. the following table shows the actual demand observed over the...

Question: the following table shows the actual demand observed over the...

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The following table shows the actual demand observed over the last 11 years 10 4 Year 13 12 12 10 Demand7 10 4 Using exponential smoothing with α = 0.40 and a forecast for year 1 of 6.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place) 10 12 4 Year Forecast 6.0 6.47.8 6.3 7.4 9.6 9.4 10.4 11.010.6 10.0 8.8 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers) 10 12 Year 4 Forecast □ □ □ □ □ □ □ □ □ □

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