Question: Consider the sales for six consecutive weeks for Terris Turnips. The sales are in bags sold. Week Sales (Bags) 1 545 2 627 3 491

Consider the sales for six consecutive weeks for Terris Turnips. The sales are in bags sold.

Week Sales (Bags)
1 545
2 627
3 491
4 709
5 681
6 409

Consider the sales for six consecutive weeks for

Use exponential smoothing with a = 0.25 to forecast turnip sales for weeks 5 through 7. Use the nave approach to make your initial forecast for week 4, that is F4. Do not make a forecast for prior periods. Show the forecasts for period 4, period 5, period 6, and period 7. Round your answer to whole units. Type your calculations for each period to show your work. (4 points) Ft+1 = aDt + (1 - a)Ft

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