The following data are monthly sales of jeans at a local department store. The buyer would like

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The following data are monthly sales of jeans at a local department store. The buyer would like to forecast sales of jeans for the next month, July.

Month January February March April May June Sales 37 35 42 38 48 45

a) Forecast sales of jeans for March through June using the naïve method, a two-period moving average, and exponential smoothing with an α = 0.1.

b) Compare the forecasts using MAD and decide which is best.

c) Using your method of choice, make a forecast for the month of July.

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