After graduating from college, you and your friends start selling birdhouses made from recycled plas


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

a. 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 (Ft) for May was 2000 and the trend factor (Tt) for May was 700.

Price: $2.99
Solution: The solution consists of 3 pages
Solution Format: Word Document

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