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Using the Data in the Table, First Plot the Data

Question 3

Essay

Using the data in the table, first plot the data and comment on the appearance of the demand pattern. Then develop a forecast for periods 51-70 that fits the data.
 Time  Output  Time  Output  Time  Output  Time  Output 112.51416.42719.24011.3214.81511.72810.64111.1315.31611.12916.84252.54151711.93022.54311.3511.51811.33115.54419.3611.61913.73211.74512712.82016.33311.94615.5851.92113.134134720.59112210.83511.94816.51019.72310.33613.54912.51111.924113716.55010.51217.82551.438141320.32611.63911\begin{array}{|c|c|c|c|c|c|c|c|}\hline \text { Time } & \text { Output } & \text { Time } & \text { Output } & \text { Time } & \text { Output } & \text { Time } & \text { Output } \\\hline 1 & 12.5 & 14 & 16.4 & 27 & -19.2 & 40 & 11.3 \\\hline 2 & 14.8 & 15 & 11.7 & 28 & 10.6 & 41 & 11.1 \\\hline 3 & 15.3 & 16 & 11.1 & 29 & 16.8 & 42 & 52.5 \\\hline 4 & 15 & 17 & 11.9 & 30 & 22.5 & 43 & 11.3 \\\hline 5 & 11.5 & 18 & 11.3 & 31 & 15.5 & 44 & -19.3 \\\hline 6 & 11.6 & 19 & 13.7 & 32 & 11.7 & 45 & 12 \\\hline 7 & 12.8 & 20 & 16.3 & 33 & 11.9 & 46 & 15.5 \\\hline 8 & 51.9 & 21 & 13.1 & 34 & 13 & 47 & 20.5 \\\hline 9 & 11 & 22 & 10.8 & 35 & 11.9 & 48 & 16.5 \\\hline 10 & -19.7 & 23 & 10.3 & 36 & 13.5 & 49 & 12.5 \\\hline 11 & 11.9 & 24 & 11 & 37 & 16.5 & 50 & 10.5 \\\hline 12 & 17.8 & 25 & 51.4 & 38 & 14 & & \\\hline 13 & 20.3 & 26 & 11.6 & 39 & 11 & &\\\hline\end{array}

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