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6260487_STAT MM305 Quantitative Analysis for Managers Unit 5 Project Please download this document to your computer and save it using the naming convention specified in the course syllabus.After completing and saving the project problems, submit your project in the Drop Box for Unit 5. 1. Data collected on the yearly demand for 50-pound bags of fertilizer at Sunshine Garden Supply are shown in the following table. Year Demand for Fertilizer (1,000s of Bags) 1 4 2 7 3 5 4 5 5 10 6 7 7 8 8 9 9 11 10 14 11 15 a. Develop a three-year moving average to forecast sales in year 12. SOL:- B) 3 YEARLY WEIGHTED AVERAGE METHOD c. Develop a regression/trend line to estimate the demand of fertilizer in year 12. D) d. Based on the three forecasts you have created, which forecast is the most accurate? 2. Use simple exponential smoothing with Ž± =0.3 to forecast battery sales for February through May.Assume that the forecast for January was for 22 batteries. Month Automobile Battery Sales January 42 February 33 March 28 April 59

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