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This sheet presents the annual sale of desks at Ashley Santa Monica in the past 12 years a) Make exponential smoothing forecasts with alpha =
This sheet presents the annual sale of desks at Ashley Santa Monica in the past 12 years | ||||||||||
a) Make exponential smoothing forecasts with alpha = 0.2. | ||||||||||
b) Make 3-period moving average forecasts starting from period 4. | ||||||||||
c) Make a time series plot to show SALES, Exponential Smoothing, and Moving Average forecasts on the same line chart. | ||||||||||
Historical sale in the past 12 years | ||||||||||
Year | Sales | |||||||||
1 | 978 | |||||||||
2 | 1078 | |||||||||
3 | 1170 | |||||||||
4 | 1030 | |||||||||
5 | 1176 | |||||||||
6 | 954 | |||||||||
7 | 944 | |||||||||
8 | 1047 | |||||||||
9 | 927 | |||||||||
10 | 1144 | |||||||||
11 | 1073 | |||||||||
12 | 1016 |
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