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Month Sales Jan 48 Feb 62 Mar 75 Apr 68 May 77 June Using a two-month moving average , what is the forecast for June?

Month Sales
Jan 48
Feb 62
Mar 75
Apr 68
May 77
June

  1. Using a two-month moving average, what is the forecast for June?
    1. 37.5
    2. 71.5
    3. 72.5
    4. 68.5

  1. Using a two-month weighted moving average, compute a forecast for June with weights of 0.4, and 0.6 (oldest data to newest data, respectively).
    1. 37.8
    2. 69.8
    3. 72.5
    4. 73.4

  1. Using exponential smoothing, with an alpha value of 0.2 and assuming the forecast for Jan is 46, what is the forecast for June?
    1. 61.2
    2. 57.3
    3. 36.1
    4. 32.4

  1. What is the MAD value for the two-month moving average?
    1. 8.67
    2. 9.12
    3. 10.30
    4. 12.36

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