Question: Question 1 and Question 2 are based on the data below. ABC is a computer retailing store. Its actual and forecast demands for the past

Question 1 and Question 2 are based on the data below. ABC is a computer retailing store. Its actual and forecast demands for the past six months are given in the table below. ABC is now forecasting the demand for month 7. What is the forecast demand from the following methods: i. Simple moving average with three periods ii. Weighted moving average with three periods and weights ( wt1=0.6,wt2=0.3,wt3=0.1) iii. Exponential smoothing with smoothing constant =0.2 i=105.67,ii=109.1,iii=103.2 i=106.85,ii=107.1,iii=106.2 i=108.67,ii=107.1,iii=102.6 i=109.67,ii=107.1,iii=101.4 i=110.67,ii=108.2,iii=100.8

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