Question: Weekly Pizza Demand Lab assignment and questions Moving average: Use a 4 week moving average to forecast weeks 13-14 Complete the Error Table. Graph Demand

 Weekly Pizza Demand Lab assignment and questions Moving average: Use a

Weekly Pizza Demand Lab assignment and questions Moving average: Use a 4 week moving average to forecast weeks 13-14 Complete the Error Table. Graph Demand and forecast Exponential smoothing: Use Alpha =0.1 Complete Error Table. Graph Demand and forecast Question 1: Which of the two forecasting models best represent the demand? Why? Your answer should include an analysis of the forecast error information auestion 2; Change the alpha in the exponential smoothing model to 0.9. What happens to the forecast error? What is the benefit or risk to changing the alpha to a number closer to 1.0 ? Weekly Pizza Demand Lab assignment and questions Moving average: Use a 4 week moving average to forecast weeks 13-14 Complete the Error Table. Graph Demand and forecast Exponential smoothing: Use Alpha =0.1 Complete Error Table. Graph Demand and forecast Question 1: Which of the two forecasting models best represent the demand? Why? Your answer should include an analysis of the forecast error information auestion 2; Change the alpha in the exponential smoothing model to 0.9. What happens to the forecast error? What is the benefit or risk to changing the alpha to a number closer to 1.0

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