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3 4 3. The following are the number of tires demanded for the past 7 days for XYZ company; Day Demand 1 20 2 28

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3 4 3. The following are the number of tires demanded for the past 7 days for XYZ company; Day Demand 1 20 2 28 32 35 5 43 6 44 7 46 Requirements: 5) Using a 2-month simple moving average, what is the forecasted demand for Period 8? (5 marks each - 2 marka correct answer + 3 marks correct process) b) Using a 3-month weighted moving average, what is the forecasted demand for Period 8? (5 marks cach - 2 marks correct answer + 3 marks correct process) c) Using a smoothing alpha value of 0.15 and an initial forecast of 24, what is the forecasted demand for Period 8? (5 marks each - 2 marks correct answer + 3 marks correct process) d) Using a smoothing alpha value of 0.2, a beta of 0.3 and an initial trend of 1, what is the forecasted demand including trend for Period 8? S markt voch - 2 marks correct answer + 3 marks correct

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