Question: Get External Data / Refresh All The following table represents the daily demand for newspapers for the last 10 days. This data is also available

Get External Data / Refresh All The following

Get External Data / Refresh All The following table represents the daily demand for newspapers for the last 10 days. This data is also available in the Excel file in the tab named "Exhibit 3B". In your answers, please use three decimals. For example, if your result is 1.234567, you will type 1.234 as your fx ='Exhibi Demand answer. 10 Day Demand SUM , X 1 Day 1 32 4 5 6 7 13 10 14 16 20 19 o ooo vaa AWNA 9 12 21 16 10 11 12 13 14 15 16 a. The forecasted sales for day 11 using a three-day weighted moving averages technique is where the 17 weights are 3, 1, and 1 (the highest weight is for the most recent day and the weight for the remaining days is 1 in your moving averages calculations). 18 19 20 21 22 b. Now, use a simple exponential smoothing technique with alpha = 23 0.25, the forecasted demand in day 11 is 24 25 Assume that the initial forecast is perfect. 26

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