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Jim's department at a local department store has tracked the sales of a product over the last ve weeks. Fill out with numbers only. Keep
Jim's department at a local department store has tracked the sales of a product over the last ve weeks. Fill out with numbers only. Keep at most three digits when needed. 1. What is the forecast for Week 6 based on a weighted moving average applied to the following past demand data and using the weights: 0.3, 0.1, and 0.6? 2. Forecast demand for period 6 using exponential smoothing with an alpha of 0.2, and an initial forecast of 22.0 for period 1. 3. ln question 2, the MSE is 4. Using trend projecting to forecast period 6
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