Question: 3. (Chapter 2) Given the following demand at the ABC Company, a. Calculate the forecasts for period 4 and period 5 using a 3-period moving

3. (Chapter 2) Given the following demand at the ABC Company,

3. (Chapter 2) Given the following demand at the ABC Company, a. Calculate the forecasts for period 4 and period 5 using a 3-period moving average and evaluate the corresponding forecast errors for period 4 and 5 . b. Calculate the forecasts for periods 15 using simple exponential smoothing with an =.3 and evaluate the MAD

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