Question: 1. Using information from the discussions on forecasting techniques, determine the moving average forecast of customers' demands of a product for the 7th month. The

1. Using information from the discussions on
1. Using information from the discussions on
1. Using information from the discussions on forecasting techniques, determine the moving average forecast of customers' demands of a product for the 7th month. The recorded data for the product's past 6 monthly orders are 1700, 1850, 1800, 1950, 2250, and 2300. Show all your work in the space provided here. Given that in trend enhancement forecasting of the basic exponential smoothing, TEFt = Base valuet + Trendt-', where: Base yaluet = a(actual demandt) +(1 - a) (Base valuet- + Trendt.") Trendt = B(base valuet - base valuet-1) + (1 - B)(Trendt-" Base value smoothing constant = 0.2 B = trend smoothing constant -0.25 t = current time AL Determine the best answers in following questions, and show your work in the space provided: I 2. The TEFt if base value is 400, actual demand - 415, while Trendt! - 5: 3. The base valuet if actual demandt is 445, Base valuet-'is 355 while Trendt-'is 5: 4. Trendtif TEFt = 674 and Base valuet = 665 5. Base value if Trendt-1 = 3 and TEFt = 590

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