Question: Question 3) Table 2 below displays the demand data for Black Plastic from Specialty Packaging Corporation. Black Plastic is one of the main inputs for

Question 3) Table 2 below displays the demand

Question 3) Table 2 below displays the demand data for Black Plastic from Specialty Packaging Corporation. Black Plastic is one of the main inputs for recyclable containers. The demand listed is in thousand units (e.g., demand in Year 1 Quarter 1 is 2,250,000 units). Table 2 - Specialty Packaging Corporation Black Plastic Demand (in Thousand units) Year Quarter Black Plastic Demand ('000 lbs) 2250 1737 2412 7269 3514 = - == 2143 3459 -= = - = = 7056 4120 2766 2556 8253 5491 4382 4315 12035 5648 3696 4843 13097 - == > Please use the static method for forecasting the demand for years 6 to 8. Assume a mixed form for the systematic component

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