Question: 1. (SHOW YOUR COMPLETE WORK) The actual demand data for a product being sold at a convenience store during the past six weeks are shown

1. (SHOW YOUR COMPLETE WORK) The actual demand data for a product being sold at a convenience store during the past six weeks are shown below: Determine the demand forecast for THIS WEEK using each of the following methods: a. A 4-week moving average. b. A 3-week weighted moving average using weights of 12,3, and I for one week ago, two weeks ago, and three weeks ago, respectively. (Hint: the higher weights are applied to the more recent time periods.) c. Exponential smoothing using the following: smoothing constant, =0.45 and the demand forecast for two weeks ago =221 units. Use the appropriate label/unit of measurement in your answers. Leave the numbers in decimals and go up to 5 decimal places for higher accuracy

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