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6 . 5 . The table below shows the demand for a particular product in a department store in each of the last twelve months.

6.5. The table below shows the demand for a particular product in a department store in each of the last twelve months.
\table[[Month,1,2,3,4,5,6,7,8,9,1011,12],[Demand,12,15,19,23,27,303233,37414958,,,,]]
-Calculate the four month moving average for months 4 to 12. What would be the forecast for the demand in month 13?
Apply exponential smoothing with a smoothing constant of 0.2 to derive a forecast for the demand in month 13.
-Which of the two forecasts for month 13 do you prefer and why?
-What other factors, not considered in the above calculations, might influence demand in month 13?
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