Question 6:
Dell computers sells laptops. Table 1 presents the 12 month sales for the year 2017 (10 points).
Month Sales (in thousands)
Jan 10
Feb 8
Mar 12
Apr 15
May 18
Jun 16
Jul 12
Aug 14
Sep 19
Oct 21
Nov 11
Dec 18
Forecast Jan 2018 sales using: (1) five period moving average; (2) A four period weighted moving average with weights 0.3 for Dec, 0.3 for Nov, 0.2 for Oct, 0.2 for Sep; (3) Exponential smoothing with smoothing constant 0.3, assuming a Aug forecast 15.
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