Question: correct answer for a thumps up ! 4. (20 points Following table shows the sales data of hair clippers at a supermarket. Feb. Month Sales

correct answer for a thumps up !

4. (20 points Following table shows the sales data of hair clippers at a supermarket. Feb. Month Sales Nov. 28 Dec 42 Jan. 49 Mar. 78 April 83 74 a. Calculate the forecast sales for May using three month moving average (5 points) b. Forecast sales for May using the weighted moving average method. The weights are W1 -0.6, W12 = 0.25, W.0.15. (5 points) c. If the actual sales for May is 93, calculate the error for each method (MA and WMA) for months 7. (5 points) MGMT 3106: Management Science and Operations Management d. Which forecasting method is more accurate? Explain why. (5 points) Show all calculations to earn full credit

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