Based on the Information Shown Below in Table 5, Develop

Multiple Choice

Based on the information shown below in Table 5, develop a forecast for June using both the two-period moving average model and the exponential smoothing model with ? = 0.10. For the exponential smoothing model, assume the forecast for February is 800. Answer questions
Table 5
$\begin{array}{|l|c|}\hline \text { Month } & \text { Actual Demand } \\\hline \text { February } & 850 \\\hline \text { March } & 900 \\\hline \text { April } & 975 \\\hline \text { May } & 950 \\\hline\end{array}$
-The 2-period moving average forecast for June is:

A) less than or equal to 940.
B) more than 940 but less than or equal to 950.
C) more than 950 but less than or equal to 960.
D) more than or equal to 960.