Question: Please show sufficient steps when answering. If necessary, round intermediate calculations and final answers to three decimal places. I would like to have a complete
Please show sufficient steps when answering. If necessary, round intermediate calculations and final answers to three decimal places.
Question 4 A pharmacist has been monitoring sales of a certain over-the- counter pain reliever. Monthly sales during the last 15 months were: Month Number sold Month Number sold]Month Number sold a. Using 3-Month Weighted Moving Average using 0.2, 0.3, and 0.5 with the heaviest weights applied to the most recent months, develop forecasts for months from 11 to 16. b. Using Exponential Smoothing using an a=0.4 and the 10th Month forecast of 50, develop forecasts for months from 11 to 16. c. Using Trend Projection, develop forecasts for months from 11 to 16. d. Justify which method you would suggest using to predict future sales I would like to have a complete and detail answer
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