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Q 3 . During the past covid 1 9 pandemic in 2 0 2 2 , the following is the table on the demand for

Q3.
During the past covid 19 pandemic in 2022, the following is the table on the demand for ICU beds per month in a hospital.
\table[[Month,Demand for ICU beds],[,200],[2,250],[3,220],[4,230],[5,225]]
Compute the forecast for ICU beds in month 6 using latest 3 months moving average from the table.
What is the forecast for ICU beds in month 7 IF the month 6 actual demand for ICU beds is 227 using the latest 3 month moving average?
Compute the forecast for ICU beds in month 6 using the latest 3 months weighted average using Weight Factors of 50%,25% and 25% for months 3,4 and 5 respectively?
Compute the forecast demand for ICU beds in month 6 using exponential smoothing equation.
Assume the smoothing constant is 0.15.
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