Question: a ) Using this historical data, create a forecast from April Dec using a three - month weighted moving average using weights of 5 ,
a Using this historical data, create a forecast from April Dec using a three month weighted moving average using weights of and All answers rounded to whole numbers marks
b Using this historical data, create a forecast from Apr Dec using exponential smoothing and an opening forecast for March of units and an alpha of All answers rounded to whole numbers marks
c Create a line chart and plot the actual demand as well as the April Dec forecast from part a and the AprDec forecast from b marks
d If you were responsible to forecast these items, what factors would you take into consideration in addition to using historical data and time series analysis? Use a text box for your answer. marks
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