Question: Student's Name and ID #: A ) Plot the demand for both products. What is the number of seasons ( p ) ? Given

Student's Name and ID \#:
A) Plot the demand for both products. What is the number of seasons (p)? Given the plots, which forecasting methods do you recommend for predicting the demand for each product? Why?
B) Use the Static method to forecast demand for product 1 for periods 16 to 25. What is the value of MAPE in period 15?(use the average seasonal factors to forecast demand for periods 1 to 15, just as you do for periods 16 to 25, when estimating the forecast errors)
C) Use Holt's model to forecast the demand for product 1 for periods 16 to 25, assuming \(\alpha=0.1\), and \(\beta=0.2\). What is the value of MAPE in period 15?
D)
i) Use Winter's model to forecast the demand for product 1 for periods 16 to 25, assuming \(\alpha=0.1\), and \(\beta=0.2\), and \(\gamma=0.3\).
ii) What is the value of MAPE in period 15?
iii) Determine the Tracking Signal (TS) for periods 1 to 15 and assess whether the forecast is biased based on a threshold of \(\pm 4\). Provide justification for your conclusion.
E) Identify the optimal values for \(\alpha,\beta \), and \(\gamma \) for Winter's model. (Note: Initial values for \(\alpha,\beta \), and \(\gamma \) are not required, as the solver will iteratively adjust these parameters to minimize the forecast MAPE.)
Student's Name and ID \ #: A ) Plot the demand

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