Please look at the picture attached below and answer the questions! Thank you so much! The following table shows the actual demand observed over the last 11 years:Year1347891011Demand41381213811Using 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 decimalplace).Year1346789101112Forecast5.0

Given - Table for demand seen in past years- Year Actual Demand 1 6 2 9 3 4 4 9 5 13…

The following table shows the actual demand observed over the last 11 years: Year 1 2 4 7 8 10 11 Demand 6 9 4 9 13 12 13 11 6 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 1 4 5 6 7 8 10 11 12 Forecast 5.0

The following table shows the actual demand observed over the last 11 years: Year 1 2 4 7 8 10 11 Demand 6 9 4 9 13 12 13 11 6 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 1 4 5 6 7 8 10 11 12 Forecast 5.0

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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