Question: 2. Freight car loading over a 10-week period at a busy port are as follows; (40 pts) Week 1 Number 220 2 250 3 280

2. Freight car loading over a 10-week period at a

2. Freight car loading over a 10-week period at a busy port are as follows; (40 pts) Week 1 Number 220 2 250 3 280 4 270 5 300 6 310 7 350 8 360 9 400 10 420 a) Forecast week 11, by using exponential soothing, use a (alpha) = 0.7, forecast of week 6 = 320. b) Develop the trend equation to forecast week 20 and 25 c) The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week? d) Compute MAD and MSE for the trend equation

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