Question: 1 Forecast using the Na ve Approach ( 5 points ) 1 . 2 Equation and forecast using a three - week moving average (

1 Forecast using the Nave Approach (5
points)
1.2 Equation and forecast using a three-week
moving average (10 points)
1.3 Equation and forecast using a weighted
average using .75 for last week (time t =5),
.15 for 2 weeks ago (time t =4) and .10 for 3
weeks ago (time t =3)(15 points)
1.4 Equation and forecast using Exponential
Smoothing with a smoothing constant equal
to .40. To start, use a forecast of 700 for time
t =2. Round your final answer to the nearest
whole number (20 points)

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