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 naÃ¯ve 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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