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Part 3: Seasonal Forecast (Modified from Q13.5) Can-do Canoe sells lightweight portable canoes. Quarterly demand for its most popular product family over the past 2
Part 3: Seasonal Forecast (Modified from Q13.5) Can-do Canoe sells lightweight portable canoes. Quarterly demand for its most popular product family over the past 2 years has been shown below. 1 2 Year Quarter Demand Q1 45 Q2 125 Q3 60 Q4 91 Q1 52 Q2 140 Q3 55 Q4 95 a: 7%) If we use Winters Method with a = B = y = 0.2, what would be the MSD of the forecasts? [Note: Use rules shown in slides to initialize the model. Use only the periods where both A(t) and f(t) can be found to calculate MSD, which are Year 2, Q1 to Q4. Choose the nearest number.] f. Around 60 g. Around 100 h. Around 150 i. Around 200 j. Around 300 b. (7%) Using Winters Method with a = B = y = 0.2, what would be the forecast of Quarter 2 in Year 3? Keep at least two decimal places in your answer c. (7%) Using Winters Method with a = B =y= 0.2, what would be the forecast of Quarter 4 in Year 3? Keep at least two decimal places in your answer. Part 3: Seasonal Forecast (Modified from Q13.5) Can-do Canoe sells lightweight portable canoes. Quarterly demand for its most popular product family over the past 2 years has been shown below. 1 2 Year Quarter Demand Q1 45 Q2 125 Q3 60 Q4 91 Q1 52 Q2 140 Q3 55 Q4 95 a: 7%) If we use Winters Method with a = B = y = 0.2, what would be the MSD of the forecasts? [Note: Use rules shown in slides to initialize the model. Use only the periods where both A(t) and f(t) can be found to calculate MSD, which are Year 2, Q1 to Q4. Choose the nearest number.] f. Around 60 g. Around 100 h. Around 150 i. Around 200 j. Around 300 b. (7%) Using Winters Method with a = B = y = 0.2, what would be the forecast of Quarter 2 in Year 3? Keep at least two decimal places in your answer c. (7%) Using Winters Method with a = B =y= 0.2, what would be the forecast of Quarter 4 in Year 3? Keep at least two decimal places in your
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