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

question 59

Essay

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


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