Question
The Universal Computer Company wants to forecast the monthly sales of their newly introduced tablet computer using the following historical sales data: Month Sales (units)
The Universal Computer Company wants to forecast the monthly sales of their newly introduced tablet computer using the following historical sales data:
Month | Sales (units) |
1 | 8,000 |
2 | 10,000 |
3 | 12,500 |
4 | 11,000 |
5 | 10,500 |
6 | 11,500 |
7 | 11,000 |
1)Based on the three-month weighted moving-average method, what is the forecast for Month 8 using weights of 0.50, 0.30, and 0.20, where 0.50 refers to the weight for the most recent demand. more than 11,500 units greater than 10,500 but fewer than or equal to 11,500 units greater than 9,500 but fewer than or equal to 10,500 units. fewer than or equal to 9,500 units 2) If the forecast for Month 6 was 11,000 units, what is the forecast for Month 8 using exponential smoothing with a = 0.2? O more than 11,500 units O greater than 10,500 but fewer than or equal to 11,500 units O greater than 9,500 but fewer than or equal to 10,500 units. O fewer than or equal to 9,500 units
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