Pls solve this question correctly instantly in 5 min i will give u 3 like for sure The following table shows the actual demand observed over the last 11 years:Year1Forecast 7.02102364671214568YearDemand8911714Using exponential smoothing with a = 0.50 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place).531210789109101311811D

Actual demand data shown in the Q, the alpha is 0.50, and the forecast for year 1 is 7, I would…

Year Demand Year Forecast 2 3 3 1 2 4 5 6 8 10 9 11 7 14 10 Using exponential smoothing with a = 0.50 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place) 7 10 11 12 1 7.0 6 4 5 7 12 6 8 10 13 9 8

Year Demand Year Forecast 2 3 3 1 2 4 5 6 8 10 9 11 7 14 10 Using exponential smoothing with a = 0.50 and a forecast for year 1 of 7.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place) 7 10 11 12 1 7.0 6 4 5 7 12 6 8 10 13 9 8

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.7: Exponential Smoothing Models

Problem 28P: The file P13_28.xlsx contains monthly retail sales of U.S. liquor stores. a. Is seasonality present...

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