Question: After graduating from college you and your friends start selling

After graduating from college, you and your friends start selling birdhouses made from recycled plastic. The idea has caught on, as shown by the following sales figures:
MONTH DEMAND
March........... 220
April........... 2,240
May............ 1,790
June............ 4,270
July............ 3,530
August ............ 4,990
a. Prepare forecasts for June through September by using a three-period moving average model.
b. Prepare forecasts for June through September by using an exponential smoothing model with a = 0.5.
Assume that the forecast for May was 2,000.
c. Prepare forecasts for June through September by using an adjusted exponential smoothing model with a = 0.5 and b = 0.3. Assume that the unadjusted forecast (Ft) for May was 2,000 and the trend factor (Tt) for May was 700.


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  • CreatedApril 10, 2015
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