Question: 2. Freight car loading over a 8-week period at a busy port are as follons; (40 pts) a) Forecast week 9, by using exponential soothing,

2. Freight car loading over a 8-week period at a busy

2. Freight car loading over a 8-week period at a busy port are as follons; (40 pts) a) Forecast week 9, by using exponential soothing, use a (alpha) =0.6, forecast of week 5=310. b) Develop the trend equation for the forecast and how many for week 20 and 25. c) The manager intends to install new equipment when the volume exceeds 750 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 for periods 18

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