Question: You have been given the demand data for the past 10 weeks for swim rings for children. You decide to run four different types of

You have been given the demand data for the past 10 weeks for swim rings for children. You decide to run four different types of forecasting methods on the data to see which gives you best forecast 1. Using simple linear regression, what is the forecast for week 25? 2. If you were to use exponential smoothing with alpha 4, the forecast of week 24 was 1350, what would be your forecast for wook 25 3. Using a 4-period weighted moving average (most recente A: second most recent.3, third most recent-2. least recent-.1), what is the forecast for week 25? 4. Using a 4-perlod simple moving average, what is the forecast for week 25? Demand Week 15 16 17 1310 1329 1266 18 1256 1269 19 20 21 22 1250 1264 1270 1278 1295 23 24

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