Question: Consider the following demand data t Sept Oct Nov Dec Jan xt 1 0 9 1 1 5 1 1 6 1 0 9 1

Consider the following demand data
t Sept Oct Nov Dec Jan
xt 109115116109125
a) Forecast the demand using a Moving Average with N=6 after each of the next 5 months if the actual demand is as follows:
t Feb Mar April May June
xt 130122128117129
b) Repeat part a) using exponential smoothing with =0.3.
c) Plot the data, along with the forecasts

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