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Yankee Case Study

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Yankee Case Study
Comment on the forecasting system being used by Yankee.
What would be the smoothing forecast for Yankee for Month 1 of Year 5 using the four Month 1 data points in each of the last 4 years using an alpha of .3. (the demand for Month 1 of year 1 is the most historical data point.) Do this manually setting the very first forecast equal to the very first demand value)
What would be the smoothing forecast (using alpha = .3) for Month 1 of Year 5 using the 12 months given for Year 4? (Do this using POM for Windows software.) -- ONLY TYPE IN ACTUAL DATA POINTS INTO POM SOFTWARE --- LEAVE

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