Problem 1 Hudson Marine has been an authorized dealer for C\&D marine radios for the past six years. The number of radios sold each year is shown. (a) Suppose we want to use Trend Projection Method to make forecast. What is the forecasted number of radios Hudson will sell in 2022? (7 marks). (b) Suppose we want to predict yearly sales using Holt's Method using the 6 years data. What is the forecast sales for 2020 ? If sales for 2020 turns out to be 135 , what is the forecast sales for 2021 ? Use =0.25,= .35(5+5=10 marks ) (c) Suppose the forecasted sales for 2017,2018,2019 was 95,115,132. Compute the MSE and MAPE for the 3 months. Compute the tracking signals for each of these 3 years. (2+2+4=8marks) Problem 1 Hudson Marine has been an authorized dealer for C\&D marine radios for the past six years. The number of radios sold each year is shown. (a) Suppose we want to use Trend Projection Method to make forecast. What is the forecasted number of radios Hudson will sell in 2022? (7 marks). (b) Suppose we want to predict yearly sales using Holt's Method using the 6 years data. What is the forecast sales for 2020 ? If sales for 2020 turns out to be 135 , what is the forecast sales for 2021 ? Use =0.25,= .35(5+5=10 marks ) (c) Suppose the forecasted sales for 2017,2018,2019 was 95,115,132. Compute the MSE and MAPE for the 3 months. Compute the tracking signals for each of these 3 years. (2+2+4=8marks)