Question: Using the following table, answer the questions below. Period Sales February 44 March 38 April 45 May 31 June 55 July 50 a) Develop a

Using the following table, answer the questions below. Period Sales February 44 March 38 April 45 May 31 June 55 July 50 a) Develop a forecast for August using both a two-period moving average and four-period moving average (2 points + 2 points) b) Using the Single exponential smoothing model, forecast sales for August using a smoothing constant of 0.50. Consider the forecast for April to be 39.45 (4 points)

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