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1. Mumtaz experienced the following monthly sales (in thousands) during 2020: Jul Aug Sept. Oct. Nov Dec 500 592 512 528 526 606 a. Develop

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1. Mumtaz experienced the following monthly sales (in thousands) during 2020: Jul Aug Sept. Oct. Nov Dec 500 592 512 528 526 606 a. Develop forecasts for Jan 2021 based on exponential smoothing method (with w = 4). b. Develop forecasts for Jan 2021 based on exponential smoothing method (with w = 7)

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