Question: Problem Set 1 1 . Based on the information shown below, develop forecasts for April to October using: ( a ) A 3 - period

Problem Set 11. Based on the information shown below, develop forecasts for April to October using: (a) A 3-period weighted moving average model (w1=0.5, w2=0.3, and w3=0.2).(b) An exponential smoothing model with =0.35. Assume the forecast for March was 950. Month Actual Demand Jan 1050 Feb 975 Mar 1000 Apr 870 May 970 Jun 1220 Jul 1170 Aug 1150 Sep 1235 Oct 12752. Based on the information shown below, calculate MAD, MSE and tracking signal. Week Actual Demand Forecast 17507702690730382071048507905870840678085079158908950920

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