1) Scenario A: Bill’s Bookstore is tracking its monthly demand for textbooks and has seen the following demand pattern.

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1) Scenario A:
Bill’s Bookstore is tracking its monthly demand for textbooks
and has seen the following demand pattern.
MONTH
ACTUAL DEMAND
April
165
May
215
June
205
July
255
August
225
What is September’s forecast using the naïve method?
Group of answer choices
A) 175
B) 200
C) 225
D) 250
2) Refer to Scenario A
What is September’s forecast using a three-month simple moving
average? Pick the closest answer.
Group of answer choices
A) 170
B) 190
C) 210
D) 230
E) 250
3) Refer to Scenario A:
What is the forecast for September using a weighted moving
average w/ weights of 8, 7, 2 (higher weights assigned to more
recent data)? Pick the closest answer.
Group of answer choices
A) 220
B) 225
C) 230
D) 235
E) 240
F) 245
4) Refer to Scenario A
Using an exponential smoothing model with an alpha value of 0.2,
what would the forecast be for September? Pick the closest
answer.
Group of answer choices
A) 200
B) 205
C) 210
D) 215
E) 220
F) 225