Question 1: This question consists of two sections. Section

in /by

Question 1: This question consists of two sections. Section

Question 1: This question consists of two sections. Section A, and Section B.Section A:The last seven weeks of demand at a new car dealer are shown below. Use a three-period moving average forecast to determine a forecast for the 3rd to 8th week (Round all forecasts to the nearest whole unit.). Also calculate the MAD/MSE?Week Sales 1 25 2 30 3 27 4 31 5 27 6 29 7 30Section B:The department manager wants you to forecast sales of toasters. The data available is given below.Use naïve forecast to predict the demand through February to December.Use exponential smoothing to predict Decemberâ€s forecast. Assume Novemberâ€s forecast to be 55 and a=.6.MonthUnit SalesForecastJanuary52February61March73April79May66June51July47August44September30October55November74December125

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