Based on the information shown below, develop forecasts for June using both a two-period moving average model and an exponential smoothing model with α = 0.10. For the exponential smoothing model, assume the forecast for February was 800. $\begin{array}{|l|c|}
\hline \text { Month } & \text { Actual Demand } \
\hline \text { February } & 850 \
\hline \text { March } & 900 \
\hline \text { April } & 975 \
\hline \text { May } & 950 \
\hline
\end{array}$

Question

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The Answer of Based on the information shown below, develop forecasts for June using both a two-period moving average model and an exponential smoothing model with α = 0.10. For the exponential smoothing model, assume the forecast for February was 800. $\begin{array}{|l|c|}
\hline \text { Month } & \text { Actual Demand } \
\hline \text { February } & 850 \
\hline \text { March } & 900 \
\hline \text { April } & 975 \
\hline \text { May } & 950 \
\hline
\end{array}$

Based on the Information Shown Below, Develop Forecasts for June