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 exponential smoothing model forecast for June is _____.

A) less than or equal to 840
B) more than 840 but less than or equal to 850
C) more than 850 but less than or equal to 860
D) more than 870 but less than or equal to 880