Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call onhe first day of each month, compute your forecast sales by each of the three methods requested here.ACTUALJune152JulyAugust192222. Using a simple three-month moving average, what is the forecast for September? (Round your answer to 2 decimal places.)Forecast for Septembero. Using a weighted moving average, what is the forecast for September with weights of 0.20, 0.30, and 0.50 for June, July, andAugust, respectively? (Do not round intermediate calculations. Round your answer to 2 decimal places.)Forecast for September. Using single exponential smoothing and assuming that the forecast for June had been 140, forecast sales for September with amoothing constant alpha of 0.30. (Round your answer to 2 decimal places.)Forecast for September

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Description: Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call onhe first day of each month, compute your forecast sales by each of the three methods requested here.ACTUALJune152July

(a). Find the forecast for September using a simple three-month moving average: The forecast for…

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Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on he first day of each month, compute your forecast sales by each of the three methods requested here.

Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on he first day of each month, compute your forecast sales by each of the three methods requested here.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on
he first day of each month, compute your forecast sales by each of the three methods requested here.
ACTUAL
June
152
July
August
192
222
. Using a simple three-month moving average, what is the forecast for September? (Round your answer to 2 decimal places.)
Forecast for September
o. Using a weighted moving average, what is the forecast for September with weights of 0.20, 0.30, and 0.50 for June, July, and
August, respectively? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Forecast for September
. Using single exponential smoothing and assuming that the forecast for June had been 140, forecast sales for September with a
moothing constant alpha of 0.30. (Round your answer to 2 decimal places.)
Forecast for September

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