Assignment 1(1). Compatty Mode - Word DS ign Layout References Mailings Review View Help 12 A A A A unboer ETHerding Heading The 02. Total Sopot Sappone you for your group) are the manager of a company trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast for each given forecasting method and then choose the best one to do the forecast for the future Mih Demand 1 2 1 65 68 70 72 95 S Calculate the simple 3-month moving average forecast for period 4-6.5 points) 6. Calculate the weighted 3-month moving average using weights of 0.50, 0.30, and 0.30 for periods 4-6. (5 points) Calculate the exponential moothing forecast for periods 2-6 using an initial forecast (F) 62, and act of 0.30. (10 points) d Calculate the double exponential smoothing forecast for periode 2-6 wing an initial trend forecast (T) of 20 and initial exponential moothing forecast (S) of 60 m of 0.30 mida por 0.30. (15 points) Calculate the Menn Absolute Deviation (MAD) for the forecasts made by each technique in periode 4-6. Which forecasting method do you prefer? Use your preferred technique forecast the demands for the following 2 month (month) (15 points) E #