Practical Assignment Problem 1 South West Electronics (SWE) Ltd produces electronic security devices for buildings. The demands history is shown in table-1. You are required by the executive to write a report on the future demand of the product, which should provide the following information. Table-1.1 Sales History Using the historical data shown in Table-1.1, (a). Recommend an appropriate demand forecasting method for SWE. Please make an explanation of why you choose this method. (15 marks) (b). Using the method that you recommend above, develop your forecast for the monthly demand of SWE in 2020 (smoothing constants can be set to 0.1 if needed). Please specify how you build your forecasting model with necessary in-progress calculation included and conclude your forecasting results. (35 marks) Practical Assignment Problem 1 South West Electronics (SWE) Ltd produces electronic security devices for buildings. The demands history is shown in table-1. You are required by the executive to write a report on the future demand of the product, which should provide the following information. Table-1.1 Sales History Using the historical data shown in Table-1.1, (a). Recommend an appropriate demand forecasting method for SWE. Please make an explanation of why you choose this method. (15 marks) (b). Using the method that you recommend above, develop your forecast for the monthly demand of SWE in 2020 (smoothing constants can be set to 0.1 if needed). Please specify how you build your forecasting model with necessary in-progress calculation included and conclude your forecasting results. (35 marks)