Question: SHOW SOLUTIONS AND WRITE CONCLUSION You are a manager at Asda. You have been given the demand data for the past 10 weeks for swim

SHOW SOLUTIONS AND WRITE CONCLUSION You are a manager at Asda.

SHOW SOLUTIONS AND WRITE CONCLUSION You are a manager at Asda. You have been given the demand data for the past 10 weeks for swim rings for children. You decide to run three different types of forecasting methods on the data to see which gives you best forecast. 1. if you were given weights as 0.3 and 0.7, what will be the weighted moving average forecast for Week 14 ? Show your solution below. 2. If you use a 2-weeks moving average, what will be the forecast for Week 14 ? Show your solution below. 3. Based on your solutions which method (weighted or simple MA) is more accurate, why? ote: use labels for your solutions

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