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Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. a) Based on the given monthly

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Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table. a) Based on the given monthly sales data, it can be said that there is linear trend in sales over time b) First, co-owner Bob Day wants to forecast thy exponentiat smoothing by intially setting Februarys forecast equal to January's sales with =0.15. Using the forecasting method, Bob's forecast for the month of May is (round your response to two decimal places) Second, co-owner Sherry Snyder wants to forecast using a three-peniod moving average. The forecast for the month of May is (round your response fo two decimal places) c) Assume that Mays actual sales figure turns out to be 405 For the forecast developed by Bob using exponential smoothing, the mean absolute devation (MAD)=2091 sales (round your rosponse to two decimal places) Assume that May's actual sales figure turns out to be 405 . For the forecast developed by Sherry using a month moving average, the mean absolute deviation (MMD)= sales (round your response to two decimal places)

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