Utilizing single exponential smoothing with standard

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Reference no: EM1374814

The historical demand for the Panasonic Model 304 Pencil Sharpener in units is- January, 60 February, 80 March, 75 April, 95 and May 90.

a.) Utilizing a four-month moving average what is the forecast for June? If June experienced a demand of 100 what is the forecast for July?

b.) Utilizing single exponential smoothing with standard deviation=0.2 if the forecast for January had been 70 calculate what the exponential forecast would have been for the remaining months through June.

Reference no: EM1374814

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