Maryland Café Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January 24 37 February March 24 42 24 39 April 2$ 29 May June 49 40...


Maryland Café<br>Using the following information to answer the questions, Please take 2 decimals in calculation.<br>Month<br>Sales ('000s)<br>January<br>24<br>37<br>February<br>March<br>24<br>42<br>24<br>39<br>April<br>2$<br>29<br>May<br>June<br>49<br>40<br>July<br>August<br>September<br>39<br>40<br>43<br>October<br>??<br>1. What is the forecast for October using a 5-month moving average approach?<br>$42,200<br>2. What is the forecast for October using a 3-month weighted moving average approach? In order from most<br>recent to least recent month, assign weights of 0.5, 0.2 and O.1<br>$41,470<br>3. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30<br>$35.350<br>

Extracted text: Maryland Café Using the following information to answer the questions, Please take 2 decimals in calculation. Month Sales ('000s) January 24 37 February March 24 42 24 39 April 2$ 29 May June 49 40 July August September 39 40 43 October ?? 1. What is the forecast for October using a 5-month moving average approach? $42,200 2. What is the forecast for October using a 3-month weighted moving average approach? In order from most recent to least recent month, assign weights of 0.5, 0.2 and O.1 $41,470 3. What is the forecast for October using exponential smoothing with alpha = 0.2, July forecast was 30 $35.350

Jun 08, 2022
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