Question: Based on the information shown below, develop forecasts for June using both a 3-period moving average model and an exponential smoothing model with a =
Based on the information shown below, develop forecasts for June using both a 3-period moving average model and an exponential smoothing model with a = 0.30. For the exponential smoothing model, as a starting point, assume the forecast for February was 800. Month Actual Demand February 850 March 925 April 975 May 960
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