Question: Please complete the problem and show work inside the table. 16) Please compute all forecasts, and forecast errors. Please be sure to show your work

Please complete the problem and show work insidePlease complete the problem and show work inside the table.

16) Please compute all forecasts, and forecast errors. Please be sure to show your work for at least one period for each forecast and forecast error. (Only numbers will result in a ZERO on this problem). [Note the X and Y bar, and the slope are specified below]. 17) Once All forecasts are specified below, please circle the best forecast in an alternate color, and comment on why this is the best forecast. 18) Compute the forecast for the 11 period for the forecast models where this is possible. Problem 4 F Demand Information Forecasting Model Forecast Error Period Demand XY Moving Average Moving Linear Exponential Average Trend Smoothing Nave Linear Trend Exponential Smoothing a = 0.1 & F = 6 5 5 6.000 12 24 17 51 19 76 23 115 29 174 7 33 231 8 37 296 9 45 405 10 50 500 5.5 27 1877 Slope X = 5.5 4.752 P=27 Intercept JOHANNE 2 3 4 5 6 Total Error Average Error Ft = F(t-1) +a(A(t-1)-F(t-1)) Nave

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