Question: Q1. IKOP uses a weighted moving average method to forecast pancake sales. It assigns a weight of 4 to the previous month's demand, 5 to

Q1.

IKOP uses a weighted moving average method to forecast pancake sales. It assigns a weight of 4 to the previous month's demand, 5 to demand two months ago, and 4 to demand three months ago. If sales amounted to 1,900 pancakes in July, 2,300 pancakes in August, and 1,800 pancakes in September, what should be the forecast for August?

Q2.

Given an actual demand this period of 81, a forecast value for this period of 97, and an alpha of 0.40, what is the exponential smoothing forecast for next period?

Q3.

What is the forecast for May using a four-month moving average?

Nov.	Dec.	Jan.	Feb.	Mar.	April
39	36	28	32	45	51

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