Question: dont use the internet i want correct answer Question (3): Answer the following problem: (10 marks) The table below shows the actual demand for mobiles

dont use the internet i want correct answer dont use the internet i want correct answer
Question (3): Answer the following problem: (10 marks) The table below shows the actual demand for mobiles shop for the last 7 periods. Period 2 5 6 Actual 300 315 290 345 320 360 375 demand 8 Determine forecast for periods 7 and 8 on the bases of: 2-period moving average (2 marks) 4-period moving average (2 marks) 2-period weighted moving average with (t-1) weighted 0.6 and (t-2) weighted 0.4. (2 marks) Exponential smoothing with alpha=0.2 and the period 6 forecast being 375

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