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14. Using the data from 20), compute the demand (ibs.) forecast for week 7 using exponential smoothing with an alpha smoothing constant =0.60 and a week 6 forecast of 70000 . a) 12450 b) 68550 c) 63420 d) 71000 e) 64000 12. Benefits of joint forecasting between supply chain partners include: a) Risk sharing b) Improve customer value c) Higher sales d) Decrease inventory e) All of the above 13. The owner of the Chocolate Outlet store wants to forecast chocolate demand. Demand for the preceding six weeks is shown in the following table: Computo the 3-wook woighted moving average demand (lbs.) forecast for week 7 using 0.40 for week 6, 0.40 for week 5 , and 0.20 for weok 4 . b) 712200 c) 62500 d) 60000 14. Using the data from H20), compute the demand (ibs.) forecast for week 7 using exponential b) 68550 c) 63420 d) 71000 e) 64000 15. According to the article, Six Rules for Effoctive Forecasting, which of the following staternents is true? b) The primary goal of forecasting is to identify the full range of possibilities. c) The author tries to educate the reader into becoming a more sophisticated and participative d) All of the above are true. e) Only a and b are true