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