Using Exhibit $5$ provide a forecast for June $2013$ for each of the $12-$ounce jar labels using the moving average, exponential smoothing, and qualitative forecast processes. Submit your work via Canvas.

Create a forecast using:

Moving Average Forecast $(10$ points$)$: Determine the forecast for June $2013$ for each of the products using a three$-$month average and a five month average.

Exponential Smoothing Forecast $(10$ points$)$: Determine the forecast for June $2013$ using the exponential smoothing equation use an alpha $()$ of $0\mathrm{.}3.$ Then complete the exercise with an alpha $()$ of $0\mathrm{.}48.$ Assume the actuals for May $2013$ for the different labels are as follows: