Question: a) Based on the data table, forecast week 9 using a five-week moving average. (5 marks) Week Doughnuts made (000s) 1 7.26 2 8.26 3
a) Based on the data table, forecast week 9 using a five-week moving average. (5 marks) Week Doughnuts made (000s) 1 7.26 2 8.26 3 7.09 4 4.25 5 8.33 6 5.35 7 6.87 8 6.52 b) Given an actual demand of 74, a previous forecast of 76, and an alpha of 0.28, what would the forecast for the next period be using simple exponential smoothing?
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