Question: Please Provide an equation or rationale, please! Thank You! PROBLEM 2 STATEMENT The time advances to the end of August, 2016 The following Time Series



Please Provide an equation or rationale, please!
Thank You!
PROBLEM 2 STATEMENT The time advances to the end of August, 2016 The following Time Series of historical demand for a product in the past 8 months is provided to you: Month-Year (t) Demand (DE) January-16 130,000 February-16 146,000 March-16 108,500 April-16 159,500 May-16 1,375,300 June-16 640,212 July-16 757,000 August-16 1,114,000 Question 5 3 pts You are asked to forecast demand in September, 2016 using the Simple Moving Average method with the "lookback" window of size n=8. Your demand forecast is: ___ (Hint: please round your answer to the whole number.) 553,814 Question 6 3 pts You are asked to forecast demand in September, 2016 using the Weighted Moving Average method with the "lookback" window of size n=8. Suppose that you are using the follow weight distribution: 0.05 0.05 0.07 0.08 w7 w6 w5 w4 w3 0.1 w2 0.1 w1 0.25 WO 0.3 SUM 1 Your demand forecast is: (Hint: please round your answer to the whole number.) Question 7 3 pts You are asked to forecast demand in September, 2016 using the Exponential Smoothing method with the "smoothing factor" a =0.435. Prior forecast for demand in August, 2016 was 350,739, and you observed the true demand to be 1,114,000 Your demand forecast is: (Hint: please round your answer to the whole number.)Step by Step Solution
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