c. Calculate the single exponential smoothing forecast for periods 212 using an initial forecast (F1) of 64 and an of 0.40.Calculate the weighted three-month moving average for periods 412 using weights of 0.60 (for the period t1); 0.30 (for the period t2), and 0.10 (for the period t3). (Do not round intermediate calculations. Round your answers to 1 decimal place.)Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what procedure you would utilize.MONTHACTUALDEMAND163 264 365 462 575 669 775 876 976 1081 1185 1284 a. Calculate the simple three-month moving average forecast for periods 412. (Round your answers to 3 decimal places.)b. Calculate the weighted three-month moving average for periods 412 using weights of 0.60 (for the period t1); 0.30 (for the period t2), and 0.10 (for the period t3).c. Calculate the single exponential smoothing forecast for periods 212 using an initial forecast (F1) of 64 and an of 0.40.d. Calculate the exponential smoothing with trend component forecast for periods 212 using an initial trend forecast (T1) of 1.90, an initial exponential smoothing forecast (F1) of 63, an of 0.40, and a of 0.40.e-1.Calculate the mean absolute deviation (MAD) for the forecasts made by each technique in periods 412.Calculate the single exponential smoothing forecast for periods 212 using an initial forecast (F1) of 64 and an of 0.40.Calculate the weighted three-month moving average for periods 412 using weights of 0.60 (for the period t1); 0.30 (for the period t2), and 0.10 (for the period t3). (Do not round intermediate calculations. Round your answers to 1 decimal place.)Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what procedure you would utilize.Calculate the simple three-month moving average forecast for periods 412. (Round your answers to 3 decimal places.)Calculate the weighted three-month moving average for periods 412 using weights of 0.60 (for the period t1); 0.30 (for the period t2), and 0.10 (for the period t3).Calculate the single exponential smoothing forecast for periods 212 using an initial forecast (F1) of 64 and an of 0.40.Calculate the exponential smoothing with trend component forecast for periods 212 using an initial trend forecast (T1) of 1.90, an initial exponential smoothing forecast (F1) of 63, an of 0.40, and a of 0.40.Calculate the mean absolute deviation (MAD) for the forecasts made by each technique in periods 412.
