Business Finance Homework Help

I’m working on a management discussion question and need an explanation and answer to help me learn.

1. What will the forecast of November be, if October forecast was 29, but the actual sales was 19, Use Alpha (?) of 0.1? Ft+1 = Ft + ? (Dt ? Ft)
2. Using the numbers in the Below Table calculate a three-period moving average. At = Dt + Dt?1 + … + Dt?N+1/N

Period

Actual Demand

Forecast

1

15

2

25

3

33

4

??