Question: Please respond to the weekly forum 2 provided in Week 2 . Forecast demands using weighted moving average. Please apply weights of 0 . 3

Please respond to the weekly forum 2 provided in Week 2.
Forecast demands using weighted moving average. Please apply weights of 0.3 for the most
recent period, then 0.4, then 0.3
Given the following data:
Prepare a forecast using smoothing constant =0.40.
a) Subjective estimate (for this example, use 60).
b) First actual value (nave approach).
Given the following data:
c) What are the exponential smoothing forecasts for periods 2-5 using =0.7?
d) Use nave approach for 1st week
 Please respond to the weekly forum 2 provided in Week 2.

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