QI Given the following data, calculate forecasts for months 4, 5, 6, and 7 using a three- month moving average and an exponential smoothing forecast with an alpha of 0.3. Assume a forecast of 61 for...


QI<br>Given the following data, calculate forecasts for months 4, 5, 6, and 7 using a three-<br>month moving average and an exponential smoothing forecast with an alpha of 0.3.<br>Assume a forecast of 61 for month 3:<br>Month<br>Actual Sales<br>Forecast 3-month<br>Forecast<br>Moving Average<br>Exponential<br>Smoothing<br>1<br>55<br>76<br>3<br>59<br>4<br>66<br>5<br>74<br>76<br>7<br>2.<br>

Extracted text: QI Given the following data, calculate forecasts for months 4, 5, 6, and 7 using a three- month moving average and an exponential smoothing forecast with an alpha of 0.3. Assume a forecast of 61 for month 3: Month Actual Sales Forecast 3-month Forecast Moving Average Exponential Smoothing 1 55 76 3 59 4 66 5 74 76 7 2.

Jun 02, 2022
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