Activity 2.

1. Given the following data, calculate forecasts for months 4, 5, 6, and 7 using a
three-month moving average and an exponential smoothing forecast with an
alpha of 0.2. Assume a forecast of 65 for month 3. ​Show your solution.

Actual Forecast 3-Month Forecast Exponential

Month
Sales Moving Average Smoothing
1 56
2 76
3 58
4 67
5 75
6 76
7