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Maryland Caf Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January $ 37 February $
Maryland Caf Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January $ 37 February $ 42 March $ 39 April $ 29 May $ 49 June $ 40 July $ 39 August $ 40 September October. $ 43 22 1. What is the forecast for October using a 5-month moving average approach? $42,200 2. 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 $41,470 3. What is the forecast for October using exponential smoothing with alpha =0.2, July forecast was 30 $35.350
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