Question: Use the following data for problems 27 - 30 Month Sales Jan 48 Feb 62 Mar 75 Apr 68 May 77 June 27) Using a


Use the following data for problems 27 - 30 Month Sales Jan 48 Feb 62 Mar 75 Apr 68 May 77 June 27) Using a two-month moving average, what is the forecast for June? A. 37.5 B. 71.5 C. 72.5 D. 68.5 I 28) Using a two-month weighted moving average, compute a forecast for June with weights of 0.4, and 0.6 (oldest data to newest data, respectively). A. 37.8 B. 69.8 C. 72.5 D. 73.4 29) Using exponential smoothing, with an alpha value of 0.2 and assuming the forecast for Jan is 46, what is the forecast for June? A. 61.2 B. 57.3 C. 36.1 D. 32.4 30) What is the MAD value for the two-month moving average? A. 8.67 B. 9.12 C. 10.30 D. 12.36
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