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Question 3 . ( 1 0 ?Points ) ?Historical sales data for a product is as follows: a ) ?Using a simple four - period

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Question 3 . ( 1 0 ?Points ) ?Historical sales data for a product is as follows:
a ) ?Using a simple four - period moving average, find the August forecast.
b ) ?Using Exponential Smoothing method with ? = 0 . 4 ?and a forecast value of 1 4 ?for July, find the forecast for
August.
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