Question: Problem G Answer questions 54-57: A manager must forecast weekly demand for an item from the data below: Week: 1 2 3 4 5 6

Problem G Answer questions 54-57: A manager must forecast weekly demand for an item from the data below: Week: 1 2 3 4 5 6 Demand: 50 30 65 0 52 2 56 0 60 60 0 54. The forecast for Week 7 using a three-period moving average is: a. 52 b. 58.7 c. 56 d. 54 55. The forecast for Week 7 using a three-period weighted moving average (with weights 0.5, 0.3, 0.2) is: a. 56 b. 58 c. 59.2 d. 54 56. If the forecast for week 1 is 55, the forecast for Week 2 using exponential smoothing with an alpha of 0.2: a. 54 6. 55 c. 56 d. 58 57. The Mean Absolute Deviation (MAD) with the three-period moving average is: a. 3 b. 2.2 c. 4 d. 1

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