Question: 5. A) What is the approximate forecast for May using a four-month moving average? Nov. Dec. Jan. Feb. Mar. April 39 36 41 47 46

5. A) What is the approximate forecast for May using a four-month moving average?

Nov. Dec. Jan. Feb. Mar. April 39 36 41 47 46 38

B) What is the forecast for May using a four month moving average weighted at 0.4, 0.3, 0.2, 0.1 fromApril to January?

C) What is the forecast for May using exponential smoothing? (Begin by utilizing Nave Method, Utilize Constant of 0.2)

ANSWER:

Nov: Dec. Jan Feb. Mar April 39 36 41 47 46 5. A) What is the approximate forecast for May using a four-month moving average? B) What is the forecast for May using a four month moving average weighted at 0.4, 0.3, 0.2, 0.1 from April to January? C) What is the forecast for May using exponential smoothing? (Begin by utilizing Naive Method, Utilize Constant of 0.2) 38

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