Question: USE MS EXCEL TO SOLVE THE PROBLEM The following data are the Operational costs year after year of a multinational engineering firm. Year 1 2

USE MS EXCEL TO SOLVE THE PROBLEM

The following data are the Operational costs year after year of a multinational engineering firm.

Year	1	2	3	4	5	6	7	8	9
Value(Millions)	25	35	30	37	40	42	38	45	50

1) Plot the given data displaying the Trendline. 2) Forecast for period 8 using 3-month moving average and exponential smoothing with =0.4 3) Forecast for period 10,11, 12 using trend line projection and calculate the MAPE. 4) Assume the base value at the end of period 2 was 40 million and the trend was -5 . What would be the forecast for the period 8 (=0.1, =0.2)

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