Question: + Forecasting Problem- Bob's has a carpet cleaning business. Bob is preparing forecasts so he can ensure he has sufficient cleaning supplies and staff to

+ Forecasting Problem- Bob's has a carpet

+ Forecasting Problem- Bob's has a carpet cleaning business. Bob is preparing forecasts so he can ensure he has sufficient cleaning supplies and staff to help with his operations. Following are his actual sales for the last nine months: + Month- January February Marche April Maye June Julye Auguste September Actual 750- 8324 7982 865- 9024 996- 8372 846 782 le le le le le a) Prepare forecasts for May to October using a four-month moving average. Round your answers to one decimal place if required. b) Prepare forecasts for May to October using the nave method. Round your answers to one decimal place if required. c) Using exponential smoothing with a =.2 to estimate May to October. Assume a forecast of 880 for the month of April. Round your answers to one decimal place if required. d) Suppose the actual value of October is 820. Calculate the MAD for the period May to October to decide which method produced the better forecast over the six-month period. Round your answers to one decimal place if required

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