Question: Section C - Long Answer Questions - Ans 15. The Global Machine Manufacturing Company, manufacturing Heavy Machines in the Sultanate of Oman. The company has

Section C - Long Answer Questions - Ans 15. The
Section C - Long Answer Questions - Ans 15. The Global Machine Manufacturing Company, manufacturing Heavy Machines in the Sultanate of Oman. The company has decided to buy a new advance machine to produce the different equipment's. The decision will rest partly on the anticipate sales of machines in the coming months. The actual numbers of machines sold during the past years are as follows: Year 2014 2015 2016 2017 2018 2019 2020 Number of machines (Actual) 900 1200 1400 1550 1725 1860 2025 Compute the forecast for the year 2021 using exponential smoothing with a forecast for the year 2014 of 800 and a = .4 16. Explain the six important Supply

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