Question: this homework is due before midnight, please help, thank you! MGMT216 Business Data Analytics Homework #3 Question #1: Assume an initial starting F, of 300
MGMT216 Business Data Analytics Homework #3 Question #1: Assume an initial starting F, of 300 units, a trend (T) of eight units, an alpha of 0.30, and a delta of 0.40. If actual demand turned out to be 288, calculate the forecast for the next period. Question #2: Historical demand for a product is given in the table below Month January February March April May June Demand 12 11 15 16 15 (Units) Part (a) Using a 3-month weighted moving average with weights of 0.60 for June, 0.30 for May, and 0.10 for April, find the July forecast. 12 Part (b) Using a simple three-month moving average, find the July forecast. Part (c) Using single exponential smoothing with alpha=0.2 and June forecast 13, find the July forecast
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