Question: a) Forecast the demand for the year 2024 using a four-year moving average. (.3 mark) b) Use a four-year weighted moving average, with weights of

a) Forecast the demand for the year 2024 using a four-year moving average. (.3 mark) b) Use a four-year weighted moving average, with weights of .1, 2, 3, and .4, using .4 for the most recent year. Forecast demand for the year 2024. (.3 mark) c) Compute the forecast for the year 2024 using exponential smoothing with a forecast for year 2023 of 12 and smoothing constant =2 (.4 mark)

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