Question: # 4 please Use the data provided here for Problems 1-6. 1. Calculate a 3-period simple moving average forecast for periods 48. 2. Calculate a
Use the data provided here for Problems 1-6. 1. Calculate a 3-period simple moving average forecast for periods 48. 2. Calculate a 3-period weighted moving average forecast for periods 48 using the weights 0.6,0.3, and 0.1 . 3. Calculate an exponential smoothing forecast for periods 2-8 using a=0.3 and an initial forecast for period 1 of 22 . 4. Calculate by hand, a linear trend forecast for periods 47. 5. Calculate a linear regression forecast for periods 1-8 using Excel or some other spreadsheet application. What 2 sample correlation coefficient and sample coefficient of determination? Do you think the forecast looks reliabl] 6. Compare the techniques in problems 1-3 here using the MAD, MAPE, RSFE, and TS for periods 4-7. Which 6 technique is the best? Why? 7. Monthly demand and two forecasts are shown below. Which forecast is better? Why
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