In: Other
The business analyst for Video Sales, Inc. wants to forecast yearly demand for DVD decoders based on the following historical data:
Year | Demand |
---|---|
5 years ago | 900 |
4 years ago | 700 |
3 years ago | 600 |
2 years ago | 500 |
Last year | 300 |
What is the forecast for this year using a three-year simple moving average?
What is the forecast for last year using simple exponential smoothing with smoothing constant alpha = 0.4, if the forecast for two years ago was 750?
What is the forecast for this year using simple exponential smoothing with smoothing constant alpha = 0.4, if the forecast for two years ago was 750?