Question: Problem 3: Using the data below: Period Sales a) Find the forecast for period 6 using the naive method. b) Find the forecast for period

Problem 3: Using the data below: Period Sales a) Find the forecast for period 6 using the naive method. b) Find the forecast for period 7 based on a two-period moving average. c) Find the forecast for period 7 based on a four-period moving average. d) Find the forecast for period 7 based on a four-period weighted moving average using the following weights: e) Find the forecast for period 7 based on exponential smoothing with alpha =0.7 and assuming that the forecast for period 4 was 600

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