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

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





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