Question: Question 13 Demand data over 5 months is given below: Month Demand 1 48 2 51 3 52 4 55 5 54 Give your answers

Question 13

Demand data over 5 months is given below: Month Demand 1 48 2 51 3 52 4 55 5 54 Give your answers to three decimal places. 3. Find the Forecast for month 5 using 3month weighted moving average. Use weights of 2. 4 and 7' (highest weight for the most recent value). b. Use trend adjusted exponential smoothing with alpha = 0.2. and beta = 0.25. Assume for month 4. forecast for stationary component is 52 and trend is 1.8. i. Find the forecast for month 6 ii. Find the forecast for month 7

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