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Forecasting for Paris Caf January Month Sales ('000s) $ 37 February $ 42 March $ 39 April $ 29 May $ 49 June $

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Forecasting for Paris Caf January Month Sales ('000s) $ 37 February $ 42 March $ 39 April $ 29 May $ 49 June $ 40 July August September October $ 39 $ 41 $ 45 ? 1. What is the forecast for October using a 3-month weighted moving average approach? In order from most recent to least recent month, assign weights of 0.5, 0.2 and 0.1 [Select] 2. What is the forecast for October using exponential smoothing with alpha-0.2. July forecast was 30 [Select]

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