Using a four-month average find the july forecast

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A sporting goods company has sold the following quantities of golf bags over the six months: Jan-54, Feb-62, Mar-74, Apr-65, May-50, and June-58.

A) Using a four-month average find the July forecast

B) Using a weighed moving average of .4, .3, .2, & .1 find the July forecast

C) Using exponential smoothing with an Alpha = .20 and a June forecast of 56, find the July forecast.

Reference no: EM13821649

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