Question 1. Given the following demand for cars for the last five periods given.

Period (Week) 1, 2, 3, 4, 5

Sales 68, 82, 65, 88, 75

a. Compute three- period weighted moving average forecast for period 6 with an assigned weight of 1,2,3.

b. If the actual demand in period 6 turns out to be 95, find the weighted Moving average forecast for period 7.

Question 2. A car dealer predicted a January demand for 1550 Honda V-tech cars. Actual January demand was 1680 Honda V-tech cars and = 10%. Forecast the demand for February, using the exponential smoothing model