Question: Given the data below, prepare a forecast for period 9 using each of these approaches: a) The appropriate nave approach b) A four period moving

Given the data below, prepare a forecast for period 9 using each of these approaches: a) The appropriate nave approach b) A four period moving average c) A weighted average using weights of .50 (most recent), .30, and .20. d) Exponential smoothing with a smoothing constant of 0.40 e) Exponential smoothing with a smoothing constant of 0.20 f) Exponential smoothing with a smoothing constant of 0.80 g) How does the value of the smoothing constant affect the stability of the forecast

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