Question: please help Question 6 (4 points) Use a 3-month weighted moving average to forecast the sales for the months May through December. Use weights of

please help
please help Question 6 (4 points) Use a 3-month weighted moving average
to forecast the sales for the months May through December. Use weights
of (4/8), (3/8), and (1/8), giving more weight to more recent data.
Match the forecast to the month. 5125 4350 6687.5 3862.50 4625 5600

Question 6 (4 points) Use a 3-month weighted moving average to forecast the sales for the months May through December. Use weights of (4/8), (3/8), and (1/8), giving more weight to more recent data. Match the forecast to the month. 5125 4350 6687.5 3862.50 4625 5600 5875 1. May 2. June 3. July 4. August 5. September 6. October 7. November 8. December Use exponential smoothing with to forecast the sales for the months February through December. Assume that the initial forecast for January was 3200 and =0.6. Match the month with the forecast amount. 3200 5846.98 1. February 3871 2. March 3272 3. April 4. May 5361.41 5. June 6503.52 6. July 4368.61 3528.80 4664.56 \begin{tabular}{|l|r|} \hline Month & Sales \\ \hline January & 3000 \\ \hline February & 3400 \\ \hline March & 3700 \\ \hline April & 4100 \\ \hline May & 4700 \\ \hline June & 5700 \\ \hline July & 6300 \\ \hline August & 7200 \\ \hline September & 6400 \\ \hline October & 4600 \\ \hline November & 4200 \\ \hline December & 3900 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!