Based on the information shown below, develop forecasts for June using both a 2-period moving average model and an exponential smoothing model with $\alpha$ = 0.10. For the exponential smoothing model, assume the forecast for February was 800.
$\begin{array}{cc}
\text { Month } & \text { Actual Demand } \
\hline \text { February } & 850 \
\text { March } & 900 \
\text { April } & 975 \
\text { May } & 950
\end{array}$

Question

Based on the information shown below, develop forecasts for June using both a 2-period moving average model and an exponential smoothing model with $\alpha$ = 0.10. For the exponential smoothing model, assume the forecast for February was 800.
 $\begin{array}{cc}
\text { Month } & \text { Actual Demand } \
\hline \text { February } & 850 \
\text { March } & 900 \
\text { April } & 975 \
\text { May } & 950
\end{array}$

Quizplus · Accepted Answer

The Answer of Based on the information shown below, develop forecasts for June using both a 2-period moving average model and an exponential smoothing model with $\alpha$ = 0.10. For the exponential smoothing model, assume the forecast for February was 800.
 $\begin{array}{cc}
\text { Month } & \text { Actual Demand } \
\hline \text { February } & 850 \
\text { March } & 900 \
\text { April } & 975 \
\text { May } & 950
\end{array}$

Based on the Information Shown Below, Develop Forecasts for June α\alphaα

Based on the Information Shown Below, Develop Forecasts for June $\alpha$