Question 1 Not yet answered The data below represents the monthly demand for a certain product for 8 months. Month Demand Marked out of 7.00 1 96 2 98 P Flag question 3 88 4 75 5 88 6 84 7 86 8 82 The formula for the Exponential Smoothing technique is Ft = Ft-1+ a (At-1-Ft-1) The formula for the Exponential Smoothing with trend adjustment technique is FIT+ = Ft + Tt where Ft = Ft-1+ a (At-- Ft-1) and T= B (Ft - F-1) + (1-B) Tt-1 Use the data above to find: The Naive forecast for period 6. The forecast for period 8 using two period moving average. The forecast for period 8 using two period moving average. The forecast for period 4 using weighted moving average with weights 0.6 & 0.4 (round to one decimal place). The forecast for period 8 using weighted moving average with weights 0.5, 0.3 & 0.2 (round to one decimal place). The forecast for period 1 using the exponential smoothing forecasting technique. The forecast for period 6 using the exponential smoothing forecasting technique using a = 0.1. Assume that the F5 = 93.34 (round to 2 decimal places). The forecast for period 6 using the exponential smoothing forecasting with trend adjustment technique using a = 0.1 and B=0.2. Assume that the F5 = 93.34 and T5 = -0.51 (round to 2 decimal places). Fe = T6 = FIT 6 =