Question: PROBLEM SOLVING : Upload a file/copy of your solution/s and final answer. Please make sure to upload an acceptable file. Battery Sales at Carlas Auto
PROBLEM SOLVING : Upload a file/copy of your solution/s and final answer. Please make sure to upload an acceptable file.
Battery Sales at Carlas Auto Shop are shown below.
Period Jan Feb Mar Apr May Jun Jul Aug Battery Sales 130 125 105 120 120 110 125 120
a. Carla decides to forecast the battery sales using a 2-month moving average until the month of May, and 3-month moving average until the month of September. b. Carla decides to forecast the battery sales by weighting the last three months as 0.5, 0.33, and 0.17 until September. c. The store uses simple exponential smoothing with =.4 to forecast demand. Assume that forecast for Jan is 110. Calculate the demand forecast for the month of September.
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