(This data will be used for Forecasting Questions 1-7) Hying Disc, Inc. has recorded the number of disc golf bags it has sodin each of the last 15 months of business. Use the recorded de mand data bel o wto develop three-period and four-peri od si mple moving average forecasts for disc golf bags. Round off all calculations tot wo deci mal places. Maintainingt wo deci mal places is required for all calculations. Period) De mand Period De mand Period | De mand 1 680 6 750 11 765 2 700 720 12 775 1 695 8 735 13 745 745 705 14 5 750 10 7 40 15 770 7 4 760 What is the forecast for period 16 using the three-peri od moving average? Less than or equal to 760 Greater than 760 but less than or equal to 770 Greater than 770 but less than or equal to 780 Greater than 780 but less than or equal to 790 Greater than 790 D 2) What is the forecast for period 16 using the four-period moving average? A) B) Less than or equal to 760 Greater than 760 but less than or equal to 770 Creater than 770 but less than or equal to 780 Greater than 780 but less than or equal to 790 Greater than 790 What is the MADfor the three-peri od moving average forecast as of peri od 15? A) B) Less than or equal to 18.00 Creater than 18.00 but less than or equal to 20.00 Greater than 20.00 but less than or equal to 22.00 Greater than 22.00 but less than or equal to 24.00 Greater than 24.00 What is the MAPEfor the three-period moving average forecast as of peri od 15? B) O Less than or equal to 2.70% Greater than 2.70 % but less than or equal to 2.80 % Greater than 2.80 % but less than or equal to 2.90 % Greater than 2.90%but less than or equal to 3.00 % Greater than 3.00 % What is the MADfor the four-peri od moving average forecast as of peri od 15? A) Less than or equal to 18.00 Greater than 18.00 but less than or equal to 20.00 Greater than 20.00 but less than or equal to 22.00 Greater than 22.00 but less than or equal to 24.00 Greater than 24.00 D What is the MAPE for the four-peri od moving average forecast as of period 15? A) O Less than or equal to 2.70 % Greater than 2.70 % but less than or equal to 2.80 % Greater than 2.80 % but less than or equal to 2.90 % Greater than 2.90 %but less than or equal to 3.00 % Greater than 3.00 % E Which forecast is the best (the three-period or four-peri od moving average met hod? B) The 3-period moving average is the best forecast because the MAD and MAPE are less than the 4 peri od moving average MAD and MAPE The 3-period moving average is the best forecast because the MADand MAPE are greater than the 4 period moving average MAD and MAPE The 4-peri od moving average is the best forecast because the MADand MAPE are less than the 3-peri od moving average MAD and MAPE The 4 period moving average is the best forecast because the MAD and MAPE are greater than the 3-period moving average MAD and MAPE