Question: 1 4 Assume that a simple moving average forecast, using n=3, is being used to forecast demand. Which of days 4, 5, 6, 7 or

1 4 Assume that a simple moving average forecast,

1 4 Assume that a simple moving average forecast, using n=3, is being used to forecast demand. Which of days 4, 5, 6, 7 or 8 will have the largest forecast for demand? Day Demand (t) (Dt) 245 2 243 3 248 255 5 249 6 252 7 248 O a Day 4 b. Day 5 OC. Day 6 Od. Day 7 e.Day 8 QUESTION 2 A weighted moving average forecasting model, using weights of 0.5 (applied to most recent period), 0.3 and 0.2 (applied to least recent of previous three periods) is being used to forecast demand. What will be the forecast for period seven (F7)? (Don't round your result when determining your answer choice). Demand Day (t) (Dt) 1 251 2 253 3 248 4 243 5 245 6 252 7 248 O a. less than 244 ob. between 244 and 246 OC. between 246 and 248 O d. between 248 and 250 O e. more than 250

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