Question: Given the following weekly demand figures: Week Demand 1 20 2 60 3 30 4 35 5 40 Question 1: Using a 3-week moving average,

Given the following weekly demand figures:

Week

Demand

1

20

2

60

3

30

4

35

5

40

Question 1: Using a 3-week moving average, what is your forecast for Week 6?

A) 32.5

B) 35

C) 30

D) 25

Question 2: What is the exponentially smoothed forecast for week 2? Use F1 = 35 and (alpha) = 0.2.

A) 53

B) 32.0

C) 21

D 24

Question 3: Using the following data, what is the mean square error for these forecasts?

Week

Demand

Forecast

1

20

33

2

60

40

3

30

44

4

35

39

5

40

28

A. 254

B. 925

C. 12.6

D. 185

E. 1

Question 4:

The Bakery produces special rolls every day. They have collected sales data for the past week:

Day

Rolls Sold

1

24

2

19

3

30

4

23

5

31

Using a simple three-period moving average forecast model, what is the forecast of demand for Week 6?

A. 24.33 units

B. 28.00 units

C. 25.20 units

D. 27.67 units

E. 28.67 units

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