Solution-Develop forecasts for may and june using a

Develop forecasts for may and june using a three-month

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Reference no: EM131243710

Historical demand for clothes at a Hot Tropic store is as follows:

Month	Demand
January	15
February	18
March	31
April	39
May	44
June	53

(a) Develop forecasts for May and June using a three-month moving average.

(b) Develop forecasts for May and June using Holt's model with α = 0.2, and β =0.1.

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The given word file contains the problem involving the Time Series and forecasting using Moving Average Method and Holt's method.

Reference no: EM131243710

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Develop forecasts for may and june using a three-month

Reference no: EM131243710

Reference no: EM131243710

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