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1. Using the data below, calculate the weighted moving average for June and July. Most recent is weighted at .4;second most recent at .3; third
1. Using the data below, calculate the weighted moving average for June and July. Most recent is weighted at .4;second most recent at .3; third most recent at .2; and fourth most recent at .1
2. Using exponential smoothing with a smoothing value of 0.75, and starting at the first possible period, calculate the forecasts:
month | actual | forecast |
January | 2500 | |
February | 2600 | |
March | 4800 | |
April | 6800 | |
May | 7500 | |
June | 10500 | |
July |
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