Question: * @ 21 31% 0 1:50 pm e Yousif 7abeebee Just now (See si Problem 1 Given the following the following data, calculate forecasts for

* @ 21 31% 0 1:50 pm e Yousif 7abeebee Just now

* @ 21 31% 0 1:50 pm e Yousif 7abeebee Just now (See si Problem 1 Given the following the following data, calculate forecasts for months 4, 5, 6, using a three-month moving average and an exponential thing forecast with an alpha of 0.3. Assume a forecast of 61 for month 3: Month Actual Sales Forecast 3-Month Moving Average Forecast Exponential Smoothing 56 67 Before You Begin: To use a three-period moving average, remember that you ways have to compute the average of the latest three observa- ons. As new data become available, drop off the oldest data. the exponential smoothing part of this problem, before you in make sure that you have the three pieces of information u need: the current period's forecast (61 for month 3), the ent period's actual value (58), and a value for the smoothing current period's actual valu coefficient (a = 0.3). Gunonential

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