Business, 21.02.2020 20:52 thibeauxkristy

Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on the first day of each month, compute your forecast sales by each of the three methods requested here. Actual June 140 July 180 August 170 a. Using the simple three-month moving average, what is the forecast for September? Round your answer to 2 decimal places. Forecast for September b. Using a weighted moving average, what is the forecast for September with weights of 0.20, 0.30, and 0.50 for June, July, and August, respectively? Forecast for September c. Using single exponential smoothing and assuming that the forecast for June has been 130, forecast sales for September with a smoothing constant alpha of 0.30. Round your answers to 2 decimal places. Forecast for September . Please show your work.

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