Business
Business, 15.04.2020 22:26, rigobertoherreea

Actual demand for a product for the past three months wasThree months ago 416 unitsTwo months ago 360 unitsLast month 300 unitsa. a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.)b. If 300 units were actually demanded this month, what would your forecast be for next month, again using a 3-month moving average? (Round your answer to the nearest whole number.)c. Using simple exponential smoothing, what would your forecast be for this month if the exponentially smoothed forecast for three months ago was 466 units and the smoothing constant was 0.40? (Round your answer to the nearest whole number.)

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