Question: Using the data below: Period Sales 1 201 2 213 3 210 4 222 5 234 6 246 a) Find the forecast for period
Using the data below: Period Sales 1 201 2 213 3 210 4 222 5 234 6 246 a) Find the forecast for period 7 based on a three-period moving average. b) Find the forecast for period 7 based on a five-period moving average. c) Find the forecast for period 2 using the nave method. d) Find the forecast for period 7 based on a four-period weighted moving average using the following weights: 1 period prior 0.4 2 periods prior 0.3 3 periods prior 0.2 4 periods prior 0.1 e) Find the forecast for period 7 based on exponential smoothing with alpha = 0.6 and assuming that the forecast for period 5 was 222. Problem 5: Given the following data, find the seasonal relatives for all four quarters. Period Sales Q1 2024 668 Q2 2024 712 Q3 2024 648 Q4 2024 1089 Q1 2025 686 Q2 2025 806 Q3 2025 809 Q4 2025 1080
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