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After graduating from college, you and your friends start selling birdhouses made from recycled plastic. The idea has caught on, as shown by the following

After graduating from college, you and your friends start selling birdhouses made from recycled plastic. The idea has caught on, as shown by the following sales figures.

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Click the icon to view the sales data.Part 2a. Prepare forecasts for June through September by using a three-period moving average model (enter your responses rounded to the nearest whole number).

Month

Demand

Forecast

March

200

April

2,310

May

1,830

June

3,760

14471447

Part 3

July

3,640

26332633

Part 4

August

4,540

30773077

Part 5

September

39803980

Part 6

b.

Prepare forecasts for June through September by using an exponential smoothing model with

=0.7.

Assume that the forecast for May was

1,800

(enter your responses rounded to the nearest whole number).

Month

Demand

Forecast

March

200

April

2,310

May

1,830

1,800

June

3,760

18211821

Part 7

July

3,640

31783178

Part 8

August

4,540

35013501

Part 9

September

42284228

Part 10

c.

Prepare forecasts for June through September by using an adjusted exponential smoothing model with

=0.7

and

=0.2.

Assume that the unadjusted forecast

Ft

for May was

1,800

and the trend factor

Tt

for May was

800

(enter your responses rounded to the nearest whole number).

Month

Demand

Unadjusted forecast

Adjusted forecast

March

200

April

2,310

May

1,830

1,800

June

3,760

1,821

2,465

Part 11

July

3,640

3,178

enter your response here

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