A) Using a weighted moving average with 5 time periods, forecast the miles for week 13. Use a weight of 3 for the most recent, a weight of 3 for the next most recent, a weight of 2 for the next most, a weight of 1 for the next most, and a weight of 1 for the next ie 3, 3, 2, 1, 1 respectively.

B) Assuming an initial forecast for week 1 of 17,000 miles, use exponential smoothing to forecast miles for week 13. Use alpha = .2.

C) Assuming an initial forecast for week 1 of 17,000 miles, use exponential smoothing to forecast miles for week 13. Use alpha = .6.

D) Calculate the MAD for each forecasting technique and determine which is the most accurate? Why?

Passenger miles flown on Northeast Airlines a commuter fimm serving the Boston hub, are shown for the past 12 weeks 3 4 5 7 Week Actual Passenger Miles in thousands) 1 17 2 21 6 16 8 18 9 22 10 20 11 15 12 22 19 23 18 20