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Dell computers sells laptops. Table 1 presents the 12 month sales for the year 2017 (10 points). Month Sales (in thousands) Jan 10 Feb 8

Dell computers sells laptops. Table 1 presents the 12 month sales for the year 2017 (10 points).

Month

Sales (in thousands)

Jan

10

Feb

8

Mar

12

Apr

15

May

18

Jun

16

Jul

12

Aug

14

Sep

19

Oct

21

Nov

11

Dec

18

Forecast Jan 2018 sales using: (1) five period moving average; (2) A four period weighted moving average with weights 0.3 for Dec, 0.3 for Nov, 0.2 for Oct, 0.2 for Sep; (3) Exponential smoothing with smoothing constant 0.3, assuming a Aug forecast 15.

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