Milner Brewing Company experienced the following monthly sales (in thousands of barrels)during 2010:

(a) Develop 2-month moving average forecasts for March through July.
(b) Develop 4-month moving average forecasts for May through July.
(c) Develop forecasts for February through July using the exponential smoothing method (with w = .5). Begin by assuming
Yt+1 = Yt
Correct Answer:
Verified
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