Question: a . Develop a 4 - month moving average to forecast sales. b . Use exponential smoothing method with alpha = 0 . 3

a. Develop a 4-month moving average to forecast sales.
b. Use exponential smoothing method with \alpha =0.3 smoothing constant to forecast in kate walsh
come. Assume that the initial forecast for January is 10.5($1,000S).
c. Calculate the error and the absolute error for each forecast and summarize your computations in the table below.
d. Compute the MAD as an accuracy measure for evaluating the performance of forecasting method then decide which forecasting method provides a better forecast? Explain
e. Use the better of the two methods to forecast sales for January

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