2 The Sales data for Victoria Gifts is given Period At 1 149

2. The Sales data for Victoria Gifts is given:
Period At
1 149
2 134
3 131
4 147
5 163
6 109
7 189
8 191
9 162
a. Using weights of 0.2, 0.3, and 0.5, forecast the demand for period 4 through 10.
b. With Alpha = 0.1, and initial forecast of 149, forecast through period 10 using simple exponential smoothing.
2. The Sales data for Victoria Gifts is given:
Period At
1 149
2 134
3 131
4 147
5 163
6 109
7 189
8 191
9 162
a. Using weights of 0.2, 0.3, and 0.5, forecast the demand for period 4 through 10.
b. With Alpha = 0.1, and initial forecast of 149, forecast through period 10 using simple exponential smoothing.

Solution

 2. The Sales data for Victoria Gifts is given: Period At 1 149 2 134 3 131 4 147 5 163 6 109 7 189 8 191 9 162 a. Using weights of 0.2, 0.3, and 0.5, forecast

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