Question: The historical demand for Peeps is shown in the table. A) Use a three-period simple moving average to forecast demand for July. What is the
The historical demand for Peeps is shown in the table.
A) Use a three-period simple moving average to forecast demand for July. What is the prognosis?
B) Use exponential smoothing to forecast demand for March. What is the forecast if α = 0.7?
C) What is the trend component of Holt's model for period 0?
D) What is the level component of Holt's model for period 0?
| month | demand |
| Jan | 11 |
| Feb | 18 |
| March | 31 |
| April | 39 |
| Can | 44 |
| June | 53 |
| Julio | 67 |
| Ago | 82 |
| Sep | 96 |
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