1. What is the Forecast in period 3?2. What is the Smoothed Average in period 5?3. What is the Demand (data) in period 7?4. What is the Trend in period 9?5. Calculate the Bias based on periods 3 through 7.6. Calculate a Tracking Signal for periods 2 through 5.7. Using the model shown, what is the Forecast for period 15?8 Using the data in the model calculate a four period moving average for period 14.

Two-factor Exponential Smoothing Alpha Beta .20 t Data Smoothed Trend Forecast % error 5,076.1 83.2 4,987 5. 124.6 72.8 5,159 -3.4 5,091 5, 175.8 66.3 5,197 -2.1 5,559 5,305.4 85.3 5.7 5,906 5,494.0 116.3 5,391 8.7 5,266 95.6 5,610 -6.5 5,395 5,588.6 81.1 5,637 -4.5 5.602.8 61 0 5,670 6.3 5,507 5,632.6 51.7 5,664 -2.9 5,221 5,591.4 5,684 -8.9 10 5,273 5,546.6 3.2 5,615 -6.5 11 5,220 -16.5 5,550 -6.3 12 5,762 initial values - estimated by linear trend of first six values