Question: Utilise the data in the sheet titled Section 1 to answer the following questions: 1. Generate the following forecasts for the 101st week from the

Utilise the data in the sheet titled "Section 1" to answer the following questions:

1. Generate the following forecasts for the 101st week from the data provided:

a. Moving average (n=3) (worth 2 marks)

b. Moving average (n=8) (worth 2 marks)

c. Exponential Smoothing (a=0.3) (worth 2 marks)

d. Exponential Smoothing (a=0.8) (worth 2 marks)

e. Simple linear regression (worth 2 marks)

2. Which of the forecasts generated in (1) would be most appropriate for this supply

chain? Why?

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