Question: Use the following problem statement to answer questions 1 - 5 . Demands for a newly developed salad bar at the PQR restaurant for the

Use the following problem statement to answer questions 1-5.
Demands for a newly developed salad bar at the PQR restaurant for the first four months of this year are shown in the table below. Round to three decimal places. [Note: Simple moving average method: Ft+1=Dt+Dt-1+Dt-2+dots+Dt-n+1n. Weighted moving average method: Ft+1=W1D1+W2D2+dots+WnDt-n+1. Exponential smothing method: Ft+1=Ft+a(Dt-Ft)
Month
Demand
January 64
February 61
March 56
April 55
What is the forecast for May if the two-month moving average method is used?
69.000
55.500
68.294
 Use the following problem statement to answer questions 1-5. Demands for

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