Forecasting Problem (Part 1) What is the forecast for this year using a moving average forecast based on the last 3 years Forecasting Problem (Part 2) What is the forecast for this year using exponential smoothing with a smoothing constant alpha 0 3 Forecasting Problem (Questions 34 35) Intro An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data Year Demand 4 years ago 14,000 3 years ago 21,000 2 years ago 29,000 Last year 37,000

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Question: Forecasting Problem (Part 1): What is the forecast for this year using a moving-average forecast based on the last 3 years? Forecasting Problem (Part 2):

Forecasting Problem (Part 1):

What is the forecast for this year using a moving-average forecast based on the last 3 years?

Forecasting Problem (Part 2):

What is the forecast for this year using exponential smoothing with a smoothing constant alpha = 0.3?

Forecasting Problem (Part 1): What is the

Forecasting Problem (Questions 34 - 35): Intro An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: Year Demand 4 years ago 14,000 3 years ago 21,000 2 years ago 29,000 Last year 37,000

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