Question: Problem 1 from Scenario 7.4 - Marshmallow Madness Historical demand for Peeps is as displayed in the table. 1) Develop forecasts for June through October

Problem 1 from Scenario 7.4 - Marshmallow Madness Historical demand for

Problem 1 from Scenario 7.4 - Marshmallow Madness Historical demand for Peeps is as displayed in the table. 1) Develop forecasts for June through October using these techniques: moving average of two period, simple exponential smoothing with an alpha of 0.8 , and Holt's method. For the exponential smoothing model assume that the forecast for May is the actual demand for May. Comment on the use of these three methods to generate a forecast in this situation

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