Question: Assume Your group number is equal to 5, do not copy paste answer from chegg itself because these questions are assuming different numbers, you need

Assume Your group number is equal to 5, do not copy paste answer from chegg itself because these questions are assuming different numbers, you need to ASSUME GROUP NUMBER IS EQUAL TO 5
Please make it typed not handwritten, Thank you
Q3) Dustin Hoffman owns an independent bookstore in Dubai. Dustin sells merchandise items that has steady demand in his store. One of these items are notebooks, which Dustin wants to forecast the demand in 2019. Demand for notebooks in the last 6 years are as follows: Year Demand 2013 2200*Your group number +100 2014 2380*Your group number +100 2015 2489*Your group number +100 2016 2435*Your group number +100 2017 2558*Your group number +100 2018 2460*Your group number +100 A) Create a forecast for 2016, 2017, 2018 and 2019 using 4 months MA. B) Create a forecast for 2016, 2017, 2018 and 2019 using exponential smoothing with alpha=0.2. Use F2013 = D2013 C) Calculate the forecast errors, MAD, MAPE by these methods ( 4 months MA and exponential smoothing with alpha=0.2). D) Determine which method is more accurate. E) Briefly discuss whether there is any trend in the sales data over the years. Which analysis you would doStep by Step Solution
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