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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 SA $ 49 June $ 40 July $ 39 August $ 40 September October $ 43 ?? 1. What is the forecast for October using a 5-month moving average approach? 2. What is the forecast for October using a 3-month weighted moving average approach? In order from m recent to least recent month, assign weights of 0.5, 0.2 and 0.1 I 3. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30
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