Question: Please solve it quickly within 5 minutes. 1. The number of participants in a training program in a six week period is presented in the

Please solve it quickly within 5 minutes.

Please solve it quickly within 5 minutes. 1. The

1. The number of participants in a training program in a six week period is presented in the following table. Week Number of participants hi 1600 2 1650 13 1550 4 11600 5 11650 16 1600 a. Compute the 3-week moving average forecast for week 7. b. Compute the weighted 3-week moving average forecast for week 7 using the following weights: wl= 0.6, W2= 0.2 and w3= 0.2 C. Compute the exponential smoothing forecast for week 7 using a smoothing factor (alpha) equal to 0.5 and an initial forecast for week 4 of 1550. d. Is the choice of a smoothing factor equal to 0.5 appropriate for this data? Explain. Which of the three forecasts for week7 is the most accurate? Explain. e

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