The Sales data for Victoria Gifts is given:
Period		At
1		149
2		134
3		131
4		147
5		163
6		109
7		189
8		191
9		162
a. Using weights of 0.2, 0.3, and 0.5, forecast the demand for period 4 through 10. b. With Alpha = 0.1, and initial forecast of 149, forecast through period 10 using simple exponential smoothing.

Answer rating: 100% (QA)

Explanation Answer Explanation Sales forecast using a threeperiod weighted moving average w1 05 w2 03 w3 02 Forecast periodn w1 Sales periodn1 w2 Sale... View the full answer