question archive 7) Draw a new graph, which includes the demand graph you did in Point 3 and three additional forecast graphs- one with the simple moving average figures (You calculated in Point 4), one with the weighted moving average figures (You calculated in Point 5) and one with exponential smoothing method (You calculated in Point 6)

7) Draw a new graph, which includes the demand graph you did in Point 3 and three additional forecast graphs- one with the simple moving average figures (You calculated in Point 4), one with the weighted moving average figures (You calculated in Point 5) and one with exponential smoothing method (You calculated in Point 6)

Subject:Operations ManagementPrice: Bought3

7) Draw a new graph, which includes the demand graph you did in Point 3 and three additional forecast graphs- one with the simple moving average figures (You calculated in Point 4), one with the weighted moving average figures (You calculated in Point 5) and one with exponential smoothing method (You calculated in Point 6). (10 marks) 8. Which method (SMA, WMA, EXM) is more suitable for the SCD, according to each forecast error (MAD, MSE and MAPE)? Explain. (10 marks) 9. Use trend and seasonality components of demand to develop a better forecast (than the methods you used so far in this assignment) for each month of 2017. Follow the example we studied in class. Calculate: a) the average total % increase per year; b) the average weight (%) of each month. 

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