Question: This is one question which is divided into various sub parts. There should be 5 images, and the last option for last question is exponential

This is one question which is divided into various sub parts. There should be 5 images, and the last option for last question is exponential soothing. Could you please explain these step by step?

exponential soothing. Could you please explain these step by step? Forecasting A

restaurants in South-Western Ontario. The operations manager of the company recognizes that

Forecasting A local company sells green hats for St Patrick's Day to bars and restaurants in South-Western Ontario. The operations manager of the company recognizes that green hat business is competitive and risky, and the ability to correctly predict demand for the next season and deliver orders promptly is a big factor in getting new customers and maintaining old ones. Customers typically don't place an order in advance. The operations manager of the rm wants to be certain that enough drivers and vehicles are available to deliver orders promptly and that they produce enough hats for the season. The operations manager wants to be able to forecast the demand for 2020 (before they knew COVID was going to hit). From previous orders, the hat company has the following information for 2010 through 2019. 4,500 5,300 5,400 4,800 5,900 5,500 5,800 6,100 5,600 6,400 a) Forecast orders for 2013 through 2020 using (i) naive method, (ii) a 2-month moving average, (iii) a 3- month moving average, (iv) a 3month weighted moving average. Use weights of 5, 3, and 2, with the heavier weights on the more recent months, (V) exponential smoothing with Ct = 0.5. Assume that the initial forecast for 2012 was 5,000. b) Compute the mean absolute deviation (MAD) and mean squared deviation (MSD) for 2012 through 2018 for each of the methods used. Which method would you recommend to forecast orders for 2019? Question 21 (1 point) What is the naive forecast for 2015? Your Answer: Your Answer Question 22 (1 point) What is the naive forecast for 2020? Your Answer: Your Answer Question 23 (1 point) What is the mean absolute deviation for the naive forecast from 2013 to 2019? Your Answer: Your Answer Question 23 (1 point) What is the mean absolute deviation for the naive forecast from 2013 to 2019? Your Answer: Your Answer Question 24 (1 point) What is the mean squared deviation for the naive forecast from 2013 to 2019? Your Answer: Your Answer Question 25 (1 point) What is the two year moving average forecast for 2015? Your Answer: Your Answer Question 26 (1 point) What is the two year moving average forecast for 2020? Your Answer: Your Answer Question 27 (1 point) What is the mean absolute deviation for the two year moving average forecast from 2013 to 2019? Your Answer: Question 28 (1 point) What is the mean squared deviation for the two year moving average forecast from 2013 to 2019? Your Answer: Your Answer Question 29 (1 point) What is the three year moving average forecast for 2015? Your Answer: Your Answer Question 30 (1 point) What is the three year moving average forecast for 2020? Your Answer: Your Answer Question 31 (1 point) What is the mean absolute deviation for the three year moving average forecast from 2013 to 2019? Your Answer: Your Answer Question 32 (1 point) What is the mean squared deviation for the three year moving average forecast from 2013 to 2019? Question 33 (1 point) What is the three year weighted moving average forecast for 2015? Your Answer: Your Answer Question 34 (1 point) What is the three year weighted moving average forecast for 2020? Your Answer: Your Answer Question 35 (1 point) What is the mean absolute deviation for the three year weighted moving average forecast from 2013 to 2019? Your Answer: Your Answer Question 36 (1 point) What is the mean squared deviation for the three year moving weighted average forecast from 2013 to 2019? Your Answer: Your Answer Question 37 (1 point) What is the exponential smoothing forecast for 2015? Your Answer: Question 38 (1 point) What is the exponential smoothing forecast for 2015? Your Answer: Your Answer Question 39 (1 point) What is the mean absolute deviation for the three year moving average forecast from 2013 to 2019? Your Answer: Your Answer Question 40 (1 point) What is the mean squared deviation for the three year moving average forecast from 2013 to 2019? Your Answer: Your Answer Question 41 (4 points) Evaluating all five forecasting methods using both MAD and MSE, which would you recommend for forecasting 2020 and beyond. O Naive 0 Two Year Moving Average 0 Three Year Moving Average O Three Year Weighted Moving Average m.- n..

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