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Given the following sales data (in $000) for C&A's product: January April May June February March 18 14 15 16 13 16 1. What is
Given the following sales data (in $000) for C&A's product: January April May June February March 18 14 15 16 13 16 1. What is the naive forecast for June? 2. What is the historical moving average forecast for July? (rounded to 2 decimal places) 3. What is the simple moving average forecast of order 3 for June? (rounded to 2 decimal places) 4. What is the exponential smoothing average forecast for July if alpha = 0.2 and the forecast for February is 15? (rounded to 2 decimal places)
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