Question: Given the information below regarding sales for the last 8 months, complete the next 2 questions: 1 . Using a 3 - month moving average,

Given the information below regarding sales for the last 8 months, complete the next 2 questions:
1. Using a 3-month moving average, the forecast for month 9 would be:
a.420
b.393
c.427
d.356
2. Using an exponentially smoothed forecast using a =0.20, what is forecast in month 8?
a.300
b.334
c.357

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