Question: Use a na ve forecast and a simple moving average of three periods to forecast the demand for October. Then use exponential smoothing with an

Use a na

ve forecast and a simple moving average of three periods to forecast the demand for October. Then use exponential smoothing with an alpha

= 0.4

to forecast October, assuming an August forecast equal to August demand. Compute the forecast error for three methods and compare and comment on each method

s performance.

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