Question: Question 1 . ( 1 0 0 points ) The OFLT Trucking Company needs to determine whether they would increase their fleet size or not.
Question points The OFLT Trucking Company needs to determine whether they would increase their fleet size or not. Since their ultimate objective is to satisfy the certain percentage of nationwide transportation demand, they obtained the following data representing total transportation demand in billions of dollars. You can copy tables into ExcelTable Demand for transportationYear Total transportation demand Source: US Department of Commerce, Bureau of Economic Analysisa Plot the time series data and comment on the pattern you observe.b Use weighted moving average method to forecast the demand for c Use exponential smoothing with optimal to forecast the demand for d Use regression method to forecast the demand for e Compute the following measures of forecast accuracy: mean absolute error MAE mean squared error RMSE mean absolute percentage error MAPE for your forecasts in parts b c and df Determine the most accurate forecast method and estimate the demand for
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