View Policies Current Attempt in Progress Burger Lover Restaurant forecasts weekly sales of cheeseburgers. Cheeseburger Week Sales 1 346 2 340 3 374 4 313 5 360 Based on historical observations over the past five weeks, make a forecast for the next period using the following methods: simple average, three-period moving average, and exponential smoothing with a = 0.3, given a forecast of 337 cheeseburgers for the first week. (Round your answers to 2 decimal places.e.g. 250.25) Simple average:F6= 3-Period moving average: F6- Exponential smoothing: F6 = If actual sales for week 6 turn out to be 369, compare the three forecasts using MAD. Which method performed best? (Calculate your answers using the error only in period 6.) MAD (simple average) = MAD (3-period moving average) MAD (exponential smoothing) = provides the lowest MAD Current Attempt in Progress A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern, At the end of week 5, the company wants to forecast sales for week 6. The trend through week 4 has been 26 additional cases sold per week. Average sales have been 101 cases per week. The demand for week 5 was 102 cases. The company uses a = 0.20 and B = 0.15. Make a forecast including trend for week 6. (Round your answers to 2 decimal places, e.g. 2.36.) The smoothing of the level of the series is The smoothing of the trend is The forecast including the trend is eTextbook and Media Save for Later Attempts: 0 of 3 used Submit