Produce exponential smoothing forecasts for series

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Reference no: EM132111329

The following information has been collected on the sales of gift cards for the past 6 weeks.

?Week? Sales

?1? 105

?2? 90

?3? 95

?4? 110

?5? 105

?6? 100

a. Produce exponential smoothing forecasts for the series using a smoothing constant of 0.2 given that the forecast of week 3 is 98.

b. Produce all possible three-period moving average forecasts.

c. Find the forecast for week 5 given that weights of 0.33, 0.17, and 0.5 are used.

Reference no: EM132111329

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