Data provided to answer questions 1 through 4. Month Sales 1 8552 2 7759 3 8315 4 8175 5 8817 6 8335 7 8188 8 7990 9 8090 10 7807 11 8365 12 8650 These are the sales figures for the TX-750 calculator. Calculators are sold every day of the month, but are only produced at the factory 5 days per week, Monday through Friday. DEMAND FORECASTING - PROBLEMS 1.) What is the 4-Period Simple Moving Average Forecast for Period 13?2.) What is the 4-Period Weighted Moving Average Forecast for Period 13? Use weights of 0.10, 0.20, 0.30 and 0.40 for periods 9 through 12, respectively.

3.) Since the demand seems to be fairly stable over the 12 month period, which of your two Period 13 forecasts would you use? A. Simple moving average B. Weighted moving average

4.) If we assume an average of 22 working days per month in the factory, how many calculators will need to be produced per day in the facotry if we use 4-Period Simple Moving Average Forecast for Period 13?