Question: Question I: Forecasting ( 3 0 minutes ) Apple computers has experienced the following monthly demand for the below four months of the year 2

Question I: Forecasting (30 minutes)
Apple computers has experienced the following monthly demand for the below four months of
the year 2024, in thousands of units. Show each step clearly while answering the questions
below.
a. Determine the forecast for October 2024 using the Linear trend equation.
b. Determine the forecast for October 2024 using Exponential smoothing with =0.5(you
are given forecast for June as 30 units).
c. Compute the forecast accuracy using MSE, for the forecasts computed using the
Linear Trend and Exponential Smoothing methods. Which of them is a better method?
 Question I: Forecasting (30 minutes) Apple computers has experienced the following

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