Question 2: Forecasting (15 Points) H Pr |e, 1=k+1 c The manager of The Bay located at Metrotown center wants to forecast the number of customers who will visit the store to determine the number of on-site employee and their time schedule. The Director has accumulated the following data for the past seven days: Ft+1 = aYt + (1 - a)Ft Day Customers visited MAE n k Sears 1 a. Using the two-period moving average, what 73 values do you forecast for Days 2 to 8? 89 4 78 b. Use the exponentially smoothed 88 forecasting method (a = .10) to forecast the 80 value of day 8 and calculate 92 the MAE. ? 15 minutes on slide 86 2 3 gu 5 Ra 6 7 8 vee