Below is the data on the number of pints of ice cream sold at a local ice cream store for a 6-period

Below is the data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:

Period Demand

1 200

2 245

3 190

4 270

5 280

6 300

Use a 3-period moving average to forecast demand for period 7

the forecast for period 5 is equal to 275, use exponential smoothing to compute a forecast for period 7 if = 40