Question: Please explain the answer Thank you PROBLEM SITUATION #5 Triumph distributors have experienced the following demand for their new remote controlled lawn mower. Week Actual

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PROBLEM SITUATION #5 Triumph distributors have experienced the following demand for their new remote controlled lawn mower. Week Actual Demand 1 10 2 25 3 20 4 10 5 15 1. Using a four week moving average, what is your forecast for week six? a. 15 b. 17.5 c. 32.5 d. 25 e. none of the above 2. a. What is the exponentially smoothed forecast for week 2, assuming the forecast for week 1 was 16.5 and the smoothing constant is 0.2? 17.16 b. 11.3 c. 15.2 d. 15.85 e. none of the above 3. What is the exponentially smoothed forecast for week 6, assuming the forecast for week 5 was 16.5 and the smoothing constant is 0.0? a. 10 b. 15 c. 15.85 d. 16.5 e. none of the aboveStep by Step Solution
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