Question: Freight car loading over an 8 - week period at a busy port are as follows; ( 4 0 pts ) - - - -

Freight car loading over an 8-week period at a busy port are as follows; (40 pts)
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Week 12345678
Number 220250260280300330310340
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a) Forecast week 9, by using exponential soothing, use a(alpha)=0.6,
forecast of week 5=310.
b) Develop the trend equation for the forecast and how many for week 20
and 25.
c) The manager intends to install new equipment when the volume exceeds 750 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?
d) Compute MAD and MSE for the trend equation for periods 1-8.

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