a) Find the reliability of the current loan application process. 0.92 0.90 0.96 0.94 0.99 3) Bama Foods makes hand-held pies (among other products). The firm's weekly sales of hand-held pies over the past seven weeks is given in the table. The firm's operations manager wants to forecast sales for week 8. Weeks Sales of hand-held pies(000s) 1 19 2 18 3 15 4 20 18 6 20 7 20 Forecast the week 8 sales using the following approaches: a) Nave approach b) 4-month moving average c) 3-month weighted moving average using the following weights: 0.60 for week 7, 0.40 for week 6, and 0.10 for week 5. d) Exponential smoothing using a smoothing constant of 0.30, assume a week 2 forecast of 19 (000s). 4) CSB Bank currently processes loan applications through three clerks (each checking different sections of the application in series), with reliabilities of 0.99, 0.96, and 0.94 (see figure below). 0.99 0.96 0.94 15