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Plot the data and describe what you see. Superimpose the graphs by year. b . Simulate a forecast using the 4 - month moving average

Plot the data and describe what you see. Superimpose the graphs by year.
b. Simulate a forecast using the 4-month moving average technique. What is the forecast for
January 2015?
c. Simulate a forecast using the exponential smoothing technique with =0.2. What is the
forecast for January 2015?
d. Which method is better, the moving average or exponential smoothing? Explain.
e. Compute the tracking signal for both forecasting methods and comment on them.
f. Suppose you create the following seasons: Season 1: January; Season 2: February and
March; Season 3: April, May, June, and July; Season 4: August and September; and Season 5:
October, November, and December. Compute the seasonal indices.
g. Suppose the forecast for 2015 is 16,000 in total. Using the seasonal indices from part f,
compute the forecast for each month of 2015.
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