Question: NALU ONDU . PREDICT FORECASTS PLEASE SHOW ALL STEPS. SHOW ALL WORK AND EXPLAIN YOUR ANSWER. PLEASE DO EVERY STEP. WRITE WITH BLACK PEN AND

NALU ONDU . PREDICT FORECASTS

PLEASE SHOW ALL STEPS. SHOW ALL WORK AND EXPLAIN YOUR ANSWER. PLEASE DO EVERY STEP. WRITE WITH BLACK PEN AND PAPER ONLY - NO TYPING. PLEASE WRITE VERY NEATLY - NO CURSIVE AT ALL NALU ONDU . PREDICT FORECASTS PLEASE SHOW ALL

NALU ONDU . PREDICT FORECASTS PLEASE SHOW ALL

Suppose that demand in period 1 was 79 units and the demand in period 2 was 90 units. Assume that the forecast for period 1 was for 80 units. If the firm uses exponential smoothing with an alpha value of .30, what should be the forecast for period 3? (Round answers to two decimal places.) A. 84.40 B. 75.00 C. 86.12 D. 91.48 E. 82.79 John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and 2 to demand three months ago. If sales amounted to 1500 pancakes in May, 2500 pancakes in June, and 3000 pancakes in July, what should be the forecast for August? A. 2667 B. 2550 C. 3767 D. 2511 E. 1622

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