Historical demand for Peeps is as displayed in the table. Month Demand January 11 February 18 March 31 April 39 May 44 June 53 July 67 August 82 September 96 Develop forecasts for June through October...

Historical demand for Peeps is as displayed in the table.

Develop forecasts for June through October using these techniques: moving average of two period, simple exponential smoothing with an alpha of 0.8, for the exponential smoothing model assume that the forecast for May is the actual demand for May. Comment on the use of these two methods to generate a forecast in this situation