Question: Following are the data on demand for white bread loaves at a bakery. Day Loaves 1 2 1 0 2 2 1 1 3 2

Following are the data on demand for white bread loaves at a bakery.
Day Loaves
1210
2211
3214
4231
5234
6236
7244
8256
9255
10262
11286
12273
13286
14298
15311
a. Develop a linear trend equation for the above data on demand for white bread loaves at a bakery (use of Excels Trendline, with display Equation on chart option, is recommended), and use it to forecast demand on day 16.(Round the final answers to 2 decimal places.)
Y =
x +
Forecast demand on day 16
b. The variations around the linear trend line seem to have above- and below-the-line runs. Therefore, use trend-adjusted exponential smoothing with \alpha =0.2 and \beta =0.1 to model the bread demand. Use the first four days to estimate the smoothed initial trend that you use for periods 4 and 5(use the increase from day 1 to day 4 divided by 3). Also, use A4 to estimate S4. Start forecasting day 5. What is the forecast for day 16?(Round the final answers to 2 decimal places.)
Period TAFt
5
6
7
8
9
10
11
12
13
14
15
16
Forecast for day 16

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