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A small company gathered sales data over the last 7 months as follows: MonthSalesJanuary225February276March285April243May249June237July216August Download CSV Do not round answers. a) What is the 3-month

A small company gathered sales data over the last 7 months as follows:

MonthSalesJanuary225February276March285April243May249June237July216August

Download CSV

Do not round answers.

a) What is the 3-month moving average forecast for July?

b) What is the 2-month weighted moving average forecast for April using weights 5 and 3?Assign higher weight to the most recent period.

c) Given that the exponentially smoothed forecast for February is 225, what is the simple exponential smoothing forecast for April with

=

0.1

=0.1

?

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