Question: Q1. Using the demand table below, forecast the Week 10's demand using a 3-week moving average. Round to the nearest unit of demand (no decimals)
Q1. Using the demand table below, forecast the Week 10's demand using a 3-week moving average. Round to the nearest unit of demand (no decimals)
| Week | Demand |
| 1 | 100 |
| 2 | 150 |
| 3 | 230 |
| 4 | 400 |
| 5 | 250 |
| 6 | 569 |
| 7 | 492 |
| 8 | 377 |
| 9 | 1,115 |
= ?
Q2.Following a two-season demand schedule (in-season and off-season) for ski production, use the following table to predict demand for the off-season demand for 2021 using the Holt-Winter model (aka triple exponential smoothing model) with parameters alpha=0.27, beta=0.15 and gamma=0.36. Round to the nearest unit of demand (no decimals)
| Season | Year | Demand |
| In | 2018 | 402 |
| Off | 2018 | 65 |
| In | 2019 | 465 |
| Off | 2019 | 137 |
| In | 2020 | 339 |
| Off | 2020 | 142 |
| In | 2021 | 386 |
| Off | 2021 | ????? |
=
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