(g) (4 points) What is the MSE for each forecasting method? MSE1: MSE2: (h) (6 points) Given the analysis for both the two-period weighted average and the exponential smoothing, which forecasting method do you recommend? Why? List at least two reasons for the forecasting method that you choose. (i) (2 points) Do you suggest investigating other forecasting technique? Which one and why? Problem 5: (30 points) The Instant Paper Clip Office Supply Company sells and delivers office supplies to companies, schools, and agencies within a 50-mile radius of its warehouse. The office supply business is competitive, and the ability to deliver orders promptly is a big factor in getting new customers and maintaining old ones. (Offices typically order not when they run low on supplies, but when they completely run out. As a result, they need their orders immediately.) The managers of the company want to be certain that enough drivers and vehicles are available to deliver orders promptly and that they have adequate inventory in stock. Therefore, they were debating about the best forecasting method to use to accurately predict demand for deliveries during the next month. From the records of previous orders, management has accumulated the following data for the past 8 months: Month Orders Forecast 1: Exponential Forecast 1 Forecast 2: two-period Forecast 2 Smoothing (a=0.9) (A-F)? weighted moving average (A-F) (W1=0.4; W2=0.6) 62 100 (d) 85 120 1239 January February March April May June July August (a) 96 118 93 112 90 70 1444 576 784 529 1444 576 (c) 484 1024 102 72 110 130 130 (e) 94 122 1024 (f) 106 (b) Answer the following questions while showing the calculation method: (a) (3 points) (b) (3 points) (c) (3 points) (d) (3 points) (e) (3 points) (f) (3 points)