Question: Questions 2. Next, consider using a simple exponential smoothing 1. Consider using a simple moving aver- model. In your analysis, test two alpha values, 0.2

Questions 2. Next, consider using a simple

Questions 2. Next, consider using a simple exponential smoothing 1. Consider using a simple moving aver- model. In your analysis, test two alpha values, 0.2 and age model. Experiment with models 0.4. Use the same criteria for evaluating the model using five weeks' and three weeks' as in question 1. When using an alpha value of 0.2, past data. The past data in each region assume that the forecast for week 1 is the past threeare given below (week 1 is the week week average (the average demand for periods 3,2, before week 1 in the table, 2 is two and 1. For the model using an alpha of 0.4, assume weeks before week 1, etc.). Evaluate that the forecast for week 1 is the past five-week the forecasts that would have been made 3. average. over the 13 weeks using the overall 3. Starbucks is considering simplifying the supply (at the end of the 13 weeks) mean abso- chain for their coffeemaker. Instead of stocking the lute deviation, mean absolute percent coffeemaker in all five distribution centers, they are error, and tracking signal as criteria. considering only supplying it from a single location. Evaluate this option by analyzing how accurate the across all regions. Use the model that you think is best from your analysis of questions 1 and 2 . Evaluate your new forecast using mean absolute deviation, mean absolute percent error, and the tracking signal. 4. What are the advantages and disadvantages of aggregating demand from a forecasting view? Are there other things that should be considered when going from multiple DCs to a DC

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