Question: Answer this in excel about Forecasting.Make sure to show the fomula in excel Q1 A product has a contisterit year round demand. You are the

Answer this in excel about Forecasting.Make sure to show the fomula in excel
Answer this in excel about Forecasting.Make sure to show the fomula in
excel Q1 A product has a contisterit year round demand. You are
the planner and have been tasked with experimenting with soene time series

Q1 A product has a contisterit year round demand. You are the planner and have been tasked with experimenting with soene time series analysis Using this previous wethy demand, calculate the following forecasts for each period possible. A) 4 Period Simple moving average B) 3 Period Welghted moving average using weights of 7,2,1, C) four period weighted moving averitge with welghts of 4,3,2,1 and D) Exponential Smoothing forecast using an Alpha of .25. and a Week 1 forecast of 1900 units. Round all forecasts to whole numbers. A C 0 E F 1 G Q2 For each of the forecasts and demand below, calculate the Mean Absolute Deviation, Mean Squared Error and Mean Absolute Percent Error. Use the ABS formula for Absolute Value. NOTE: Use formulas for each calculation. Use one decimal place for each calculation. \begin{tabular}{|c|c|c|} \hline Week & Demand & Forecast \\ \hline 1 & 650 & 600 \\ \hline 2 & 689 & 650 \\ \hline 3 & 705 & 700 \\ \hline 4 & 648 & 700 \\ \hline 5 & 638 & 650 \\ \hline 6 & 710 & 680 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline & Absolute & MAD & MSE & MAPE \\ \hline Error (e) & Error & & e2 & Abse/A \\ \hline & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & \\ \hline \end{tabular} ANSWER The Actual demand for snow shovels from a large Ontario Hardware Chain is shown below for 2020. Calculate the Seasonal index for last year for each of the four seasons. Use the seasonal Index to calculate the demand for each of the seasons for this coming year (Table \#2) based on a new ANNUAL dermand of 6000 shovels. Use two decimal places for your seasonal factor, Round your final forecasts to whole numbers. Q1 A product has a contisterit year round demand. You are the planner and have been tasked with experimenting with soene time series analysis Using this previous wethy demand, calculate the following forecasts for each period possible. A) 4 Period Simple moving average B) 3 Period Welghted moving average using weights of 7,2,1, C) four period weighted moving averitge with welghts of 4,3,2,1 and D) Exponential Smoothing forecast using an Alpha of .25. and a Week 1 forecast of 1900 units. Round all forecasts to whole numbers. A C 0 E F 1 G Q2 For each of the forecasts and demand below, calculate the Mean Absolute Deviation, Mean Squared Error and Mean Absolute Percent Error. Use the ABS formula for Absolute Value. NOTE: Use formulas for each calculation. Use one decimal place for each calculation. \begin{tabular}{|c|c|c|} \hline Week & Demand & Forecast \\ \hline 1 & 650 & 600 \\ \hline 2 & 689 & 650 \\ \hline 3 & 705 & 700 \\ \hline 4 & 648 & 700 \\ \hline 5 & 638 & 650 \\ \hline 6 & 710 & 680 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline & Absolute & MAD & MSE & MAPE \\ \hline Error (e) & Error & & e2 & Abse/A \\ \hline & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & \\ \hline \end{tabular} ANSWER The Actual demand for snow shovels from a large Ontario Hardware Chain is shown below for 2020. Calculate the Seasonal index for last year for each of the four seasons. Use the seasonal Index to calculate the demand for each of the seasons for this coming year (Table \#2) based on a new ANNUAL dermand of 6000 shovels. Use two decimal places for your seasonal factor, Round your final forecasts to whole numbers

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