Here are the actual tabulated demands for an item for a nine-month period (January through September). Your supervisor wants to test two forecasting methods to see which method was better over this period. MONTH January February March April May June July August September Month April May June July August September a. Forecast April through September using a three-month moving average. (Round your answers to 2 decimal places.) ACTUAL 112 129 157 171 164 Month 178 143 135 145 A b. Use simple exponential smoothing with an alpha of 0.40 to estimate April through September, using the average of January through March as the initial forecast for April. (Round your answers to 2 decimal places.) Three-Month Moving Average Exponential Smoothing

Here are the actual tabulated demands for an item for a nine-month period (January through September). Your supervisor wants to test hivo forecosting methods to see which method was better over this period. a. Forecast April through September using a three-month moving average. (Round your answers to 2 decimal places.) b. Use simple exponental smoothing with an alpha of 0.40 to estimate April through September, using the average of January through Merch as the initial forecest for April (Round your answers to 2 decimat placen)