Question: 6. A computer software firm has experienced the following demand for its Personal Finance software package Period Units 1 56 2 61 3 55 4

6. A computer software firm has experienced the

6. A computer software firm has experienced the following demand for its Personal Finance" software package Period Units 1 56 2 61 3 55 4 70 a. Using 3 period moving average forecast to predict the demand of period 5 b. Develop an exponential smoothing forecast for period 5 using both values of alpha 0.33 and 0.40. Determine which value of alpha you prefer using MAPE performance measure. 7. The monthly closing stock prices of the United Arab Corp. are shown below. Month Price 1 34.7 2 35.5 3 35.7 4 36.2 5 36.9 6 37.1 7 38.6 8 39.1 a. Recognize the data pattern, and then use the suitable forecasting tools to forecast for period 11

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