Question: Solve the following problem in class. The monthly demand for TVs at a retailer is as below. It is assumed that the forecast value for

Solve the following problem in class. The monthly demand for TVs at a retailer is as below. It is assumed that the forecast value for the rst month is 95. Month Demand 1 98 2 93 3 125 4 146 2 154 5 136 6 185 7 148 8 139 9 143 10 204 Forecast the demand for the month of November using the following models: 1. 3month simple moving average. 2. Simple exponential smoothing with or, = 0.1 3. Linear trend method. 4. Which one among the above forecasting methods is the most accurate? Why

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