Question: * Question Completion Status: 9 10 8 11 12 13 7 1 3 2 4 5 A Moving to another question will save this response.

* Question Completion Status: 9 10 8 11 12 13 7 1 3 2 4 5 A Moving to another question will save this response. Question 17 The table below shows the footwear sales data for seven months. Month Jan Feb Mar Apr May Jun Jul Actual Sales (00 units) 24 28 25 21 22 23 20 Determine the forecast for the month of August using the following methods: (a) Naive Approach (1 mark) (b) Four-period moving average (2 marks) ( Weighted average using weights of 0.45 (for most recent), 0.25, 0.15, and 0.15. (2 marks) (d) Exponential smoothing with alpha -0.30 and an initial forecast for July is 2100. (3 marks) (e) Unear trend using equation Yt - 26.857-0.893(t) (2 marks) TTT Arial 3 (12pt) IE

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