Question: Solve the following problem in class. The quarterly demand for smartphones at a retailer is as show. Year Quarter Demand 1 I 513 II 932

Solve the following problem in class.

The quarterly demand for smartphones at a retailer is as show.

Year

Quarter

Demand

1

I

513

II

932

III

1509

IV

1902

2

I

693

II

1163

III

1857

IV

2469

3

I

846

II

1439

III

2271

IV

3079

4

I

1070

II

1751

III

2785

IV

3613

Forecast the quarterly demand for year 5 using the following models:

  1. 4-week simple moving average.
  2. Simple exponential smoothing with = 0.1
  3. Trend adjusted exponential smoothing with = 0.1 and = 0.1
  4. Linear Regression with seasonality/

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