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
Solution Format: Word Document
