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# 2- The business analyst for Ace Business Machines, Inc. wants to forecast this year's demand for manual typewriters based on the following historical...

2- The business analyst for Ace Business Machines, Inc. wants to forecast this year's demand for manual typewriters based on the following historical data:

__Time Period__ __Demand__

5 years ago 900

4 years ago 700

3 years ago 600

2 years ago 500

Last year 300

A) What is the forecast for this year using a moving-average forecast based on the last three years?

B) What is the forecast for the next period using exponential smoothing method with a alpha factor of 0.4 a = 0.4