= Homework: M3 Assignment 1: Forecasting Question 1, Problem 10 Part 1 of 6 Period Sales (i) Obtain the trend projection with regression forecast. The forecast for week 13 is A convenience store recently started to carry a new brand of soft drink. Management is interested in estimating future sales volume to determine whether should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (let x = 0.4 with an initial forecast for week 1 of 606) methods to forecast demand for week 13. Compare these methods by using the mean absolute deviation and mean absolute percent error performance criteria. Does your analysis suggest that sales are trending and if so, by how much? 1 2 3 4 5 6 606 630 657 737 647 614 7 722 (Enter your response rounded to the nearest whole number.) 8 700 HW Score: 0%, 0 of 80 points O Points: 0 of 20 9 772 10 695 11 684 Save 12 736 Homework: M3 Assignment 1: Forecasting (i) Obtain th The forecas Period 1 Sales 606 A convenience store recently started to carry a new brand of soft drink. Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (let = 0.4 with an initial forecast for week 1 of 606) methods to forecast demand for week 13. Compare these methods by using the mean absolute deviation and mean absolute percent error performance criteria. Does your analysis suggest that sales are trending and if so, by how much? Observation 2 630 1 Question 1, Problem 10 Part 1 of 6 3 657 2 Please copy and paste data from text area below. Selected delimiter: Tab 4 737 3 5 647 4 HW Score: 0%, 0 of 80 points O Points: 0 of 20 Done 6 614 5 7 722 6 8 700 7 9 772 8 Save X