RAP Computers assembles personal computers from generic parts it purchases at a discount, and it sells the

Question:

RAP Computers assembles personal computers from generic parts it purchases at a discount, and it sells the units by phone orders it receives from customers responding to the company€™s ads in trade journals. The business has developed an exponential smoothing forecast model to forecast future computer demand. Actual demand for the company€™s computers for the past 8 months as well as a forecast are shown in the following table:

a. Using a measure of forecast accuracy of your choice, ascertain whether the forecast appears to be accurate.
b. Determine whether a 3-month moving average would provide a betterforecast.