What is the forecast for May based on a 3 mo. weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)? Then forecast the same data based on utilizing exponential smoothing with and alpha of 0.35, and an initial forecast of 35.

Nov. Dec. Jan. Feb. Mar. April
37 36 40 42 47 43

a. What is the forecast for May using a weighted moving average forecast?
b. What is the MAD of the weighted moving average forecast?
c. What is the forecast based on exponential smoothing?
d. What is the MAD of the exponential smoothing forecast?
e. What forecasting method would you choose?

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; competency based pay;