2A)

B)

The following table contains the number of complaints received in a department store for the first 6 months of operation: COMPLAINTS 37 MONTH January February March Apr 11 May June 84 96 114 147 If a three-month moving average is used to smooth this series, what would have been the forecast for May? Porecast for May The number of cases of merlot wine sold by the Connor Owen winery in an eight-year period is as follows: CASES OF MERLOT WINE 288 374 YEAR 2005 2006 2007 2008 2009 2010 2011 2012 416 474 376 518 428 394 Using an exponential smoothing model with an alpha value of 0.20, estimate the smoothed value calculated as of the end of 2012. Use the average demand for 2005 through 2007 as your initial forecast for 2008, and then smooth the forecast forward to 2012. (Round your intermediate calculations and final answer to the nearest whole number.) Forecast for 2012