Question: Please clearly show work, step-by-step. Question 1) The following table displays the demand data for Clear Plastic from Specialty Packaging Corporation. Clear Plastic is one

Please clearly show work, step-by-step. Question

Please clearly show work, step-by-step.

Question 1) The following table displays the demand data for Clear Plastic from Specialty Packaging Corporation. Clear Plastic is one of the main inputs for recyclable containers. The demand listed is in thousand units (e.g., demand in Year 1 Quarter 1 is 3,200,000 units). Table 1 - Specialty Packaging Corporation Clear Plastic Demand (in Thousand units) Year Clear Plastic Quarter Demand ('000 lbs) 3200 7658 4420 2384 3654 8680 5695 1953 4742 13673 6640 2737 3486 13186 5448 3485 7728 16591 8236 3316 Please use the static method for forecasting the demand for years 6 to 8. Assume a mixed form for the systematic component

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