Question: The table below shows the demand for a particular product in a department store in each of the last twelve months. Month , 1 2

The table below shows the demand for a particular product in a department store in each of the last twelve months.
Month ,1223456789101112
Demand 121519232730323337414958
-Calculate the four month moving average for months 4 to 12. What would be the forecast for the demand in month 13?
-Apply exponential smoothing with a smoothing constant of 0.2 to derive a forecast for the demand in month 13.
-Which of the two forecasts for month 13 do you prefer and why?
-What other factors, not considered in the above calculations, might influence demand in month 13?
 The table below shows the demand for a particular product in

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