Question: 1. (6 points) Given the following sales data from the past 5 months, obtain the forecast for the 6th month using 4 months moving average

1. (6 points) Given the following sales data from the past 5 months, obtain the forecast for the 6th month using 4 months moving average method. Month Sales 1 108 2 175 3 190 4 200 5 120 2. (14 points) Using the above data, determine the forecast for month 6 using 3 period weighted moving average method. The two of the weights are 0.15 and 0.65.

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