The Bear Company has the following historical sales data:
1. Using the Moving Average Method, predict the sales for 2009.
2. Using Exponential Smoothing, predict the sales for 2009. Assume that the most recent years are the most representative of future sales.© BrainMass Inc. brainmass.com June 4, 2020, 12:59 am ad1c9bdddf
This solution helps with a budgeting problem. Concepts covered include moving average and exponential smoothing.