Question: Using the 4-quarter moving average: What is the forecast for 3Q 2022 , 4Q 2022, 1Q 2023, and 2Q 2023 Compute the forecast for 3Q

Using the 4-quarter moving average: What is the forecast for 3Q 2022, 4Q 2022, 1Q 2023, and 2Q 2023

Compute the forecast for 3Q 2022, 4Q 2022, 1Q 2023, and 2Q 2023 using exponential smoothing (start with 3Q 2022) with a smoothing factor of .7.

forecast

actual demand

error

2Q 2021

215

3Q 2021

210

4Q 2021

220

1Q 2022

255

2Q 2022

235

3Q 2022

240

4Q 2022

270

1Q 2023

260

2Q 2023

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