Question: Historical Demand for a product is: Table 2: Data Months 1 2 3 4 5 6 Demand 12 11 15 12 16 15 (a) Using

Historical Demand for a product is: Table 2: Data

Historical Demand for a product is: Table 2: Data Months 1 2 3 4 5 6 Demand 12 11 15 12 16 15 (a) Using a simple three-month moving average, find the forecast for July (the seventh month). (b) Using simple exponential smoothing with a = 0.2 and a June (6th month) forecast =13, find the July (the seventh month) forecast. Make whatever assumptions you wish

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