[Step-by-Step] After graduating from college, you and your friends start selling birdhouses made from recycled plastic. The idea has caught on, as shown by
Question: After graduating from college, you and your friends start selling birdhouses made from recycled plastic. The idea has caught on, as shown by the following sales figures:
| MONTH | DEMAND |
| March | 2200 |
| April | 2240 |
| May | 1790 |
| June | 4270 |
| July | 3530 |
| August | 4990 |
- Prepare forecasts for June through September using a three-period moving average model.
b. Prepare forecasts for June through September using an exponential smoothing model with alpha = 0.5. Assume the forecast for May was 2000.
c. Prepare forecasts for June through September using an adjusted exponential smoothing model with alpha = 0.5 and B = 0.3. Assume the unadjusted forecast (F t ) for May was 2000 and the trend factor (T t ) for May was 700.
Deliverable: Word Document 