Question: 3 - month Period Demand ( units ) Jan - Mar 2 0 2 2 3 2 0 0 Apr - Jun 2 0 2

3-month Period Demand (units) Jan-Mar 20223200 Apr-Jun 20223600 Jul-Sep 20223600 Oct-Dec 20224000 Jan-Mar 20232600 Apr-Jun 20232400 Jul-Sep 20232400 Oct-Dec 20232200 Using Winters method, calculate the one-step and two-step demand forecasts for the upcoming two 3-month periods (i.e., Jan-Mar 2024 and Apr-Jun 2024). Show each step of your work. Suppose that the demand for Apr-Jun 2024 turns out to be 2200 units. What is the MAPE value for your two-period-ahead forecasts? That means you can only use your Apr-Jun 2024 forecast from part a.a. Using Winter's method, calculate the one-step and two-step demand forecasts for the upcoming two
3-month periods (i.e., Jan-Mar 2024 and Apr-Jun 2024). Show each step of your work.
b. Suppose that the demand for Jan-Mar 2024 turns out to be 1800 units. Update the forecasting model
using the following smoothing parameters: (level) of 0.3,(trend) of 0.2, and (seasonality) of 0.1.
Using the updated model, forecast the demand for Apr-Jun 2024.
c. Suppose that the demand for Apr-Jun 2024 turns out to be 2200 units. What is the MAPE value for
your one-period-ahead forecasts? That means you must use your Jan-Mar 2024 forecast from part a
and Apr-Jun 2024 forecast from part b.
d. Suppose that the demand for Apr-Jun 2024 turns out to be 2200 units. What is the MAPE value for
your two-period-ahead forecasts? That means you can only use your Apr-Jun 2024 forecast from part
a.
 3-month Period Demand (units) Jan-Mar 20223200 Apr-Jun 20223600 Jul-Sep 20223600 Oct-Dec

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