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(b) Demand history of five different products of a company is shown below. Products 2012 2013 2014 2015 2016 2017 2018 2019 2020 A A
(b) Demand history of five different products of a company is shown below. Products 2012 2013 2014 2015 2016 2017 2018 2019 2020 A A 37 40 41 45 49 B 26 34 30 26 23 33 28 32 58 55 D 32 38 45 56 62 70 77 86 95 E 83 88 81 92 85 i. Name the methods that is suitable to forecast the demand of the above five products? (2 points) ii. Forecast demand of the product B or D with error for the year 2021. If you need a value of a then consider it 0.7. (5 points) ------ End ---- (b) Demand history of five different products of a company is shown below. Products 2012 2013 2014 2015 2016 2017 2018 2019 2020 A A 37 40 41 45 49 B 26 34 30 26 23 33 28 32 58 55 D 32 38 45 56 62 70 77 86 95 E 83 88 81 92 85 i. Name the methods that is suitable to forecast the demand of the above five products? (2 points) ii. Forecast demand of the product B or D with error for the year 2021. If you need a value of a then consider it 0.7. (5 points) ------ End
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