Question: a ) Use exponential smoothing, first with a smoothing constant of 6 and then with one of 9 , to develop forecasts for years 2

a) Use exponential smoothing, first with a smoothing constant of 6 and then with one of 9, to develop forecasts for years 2 through 6.
b) Use a 3-year moving average to forecast demand in years 4,5, and 6.
c) Use the trend-projection method to forecast demand in years 1 through 6.
d) With MAD as the criterion, which of the four forecasting methods is best?
4.6
The monthly sales for Yazici Batteries, Inc., were as
follows:
\table[[Month,SAIES],[January,20],[February,21],[March,15],[April,14],[May,13],[June i.,16],[July,17],[August,18],[September,20],[October,20],[November,21],[December,23]]
a) Plot the monthly sales data.
b) Forecast January sales using each of the following:
i) Naive method.
ii) A 3-month moving average.
iii) A 6-month weighted average using .1,.1,.1,.2,.2, and .3, with the heaviest weights applied to the most recent months.
iv) Exponential smoothing using an =.3 and a September forecast of 18.
v) A trend projection.
c) With the data given, which method would allow you to forecast next March's sales?
 a) Use exponential smoothing, first with a smoothing constant of 6

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