Turkey in M&N supermarket has the demand pattern as shown in the table below. Find the ‛best' forecast you can for month 25 and justify your methodology. You may use some of the data to find the best parameter value(s) for your method and the rest to test the forecast model. Your justification should include both quantitative and qualitative considerations.
$$\begin{array} { | c | c | c | c | }
\hline \text { Month } & \text { Demand } & \text { Month } & \text { Demand } \
\hline 1 & 33 & 13 & 37 \
\hline 2 & 37 & 14 & 43 \
\hline 3 & 31 & 15 & 56 \
\hline 4 & 39 & 16 & 41 \
\hline 5 & 54 & 17 & 36 \
\hline 6 & 38 & 18 & 39 \
\hline 7 & 42 & 19 & 41 \
\hline 8 & 40 & 20 & 58 \
\hline 9 & 41 & 21 & 42 \
\hline 10 & 54 & 22 & 45 \
\hline 11 & 43 & 23 & 41 \
\hline 12 & 39 & 24 & 38 \
\hline
\end{array}$$

Question

Turkey in M&N supermarket has the demand pattern as shown in the table below. Find the ‛best' forecast you can for month 25 and justify your methodology. You may use some of the data to find the best parameter value(s) for your method and the rest to test the forecast model. Your justification should include both quantitative and qualitative considerations.
 $$\begin{array} { | c | c | c | c | } 
\hline \text { Month } & \text { Demand } & \text { Month } & \text { Demand } \
\hline 1 & 33 & 13 & 37 \
\hline 2 & 37 & 14 & 43 \
\hline 3 & 31 & 15 & 56 \
\hline 4 & 39 & 16 & 41 \
\hline 5 & 54 & 17 & 36 \
\hline 6 & 38 & 18 & 39 \
\hline 7 & 42 & 19 & 41 \
\hline 8 & 40 & 20 & 58 \
\hline 9 & 41 & 21 & 42 \
\hline 10 & 54 & 22 & 45 \
\hline 11 & 43 & 23 & 41 \
\hline 12 & 39 & 24 & 38 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Turkey in M&N supermarket has the demand pattern as shown in the table below. Find the ‛best' forecast you can for month 25 and justify your methodology. You may use some of the data to find the best parameter value(s) for your method and the rest to test the forecast model. Your justification should include both quantitative and qualitative considerations.
 $$\begin{array} { | c | c | c | c | } 
\hline \text { Month } & \text { Demand } & \text { Month } & \text { Demand } \
\hline 1 & 33 & 13 & 37 \
\hline 2 & 37 & 14 & 43 \
\hline 3 & 31 & 15 & 56 \
\hline 4 & 39 & 16 & 41 \
\hline 5 & 54 & 17 & 36 \
\hline 6 & 38 & 18 & 39 \
\hline 7 & 42 & 19 & 41 \
\hline 8 & 40 & 20 & 58 \
\hline 9 & 41 & 21 & 42 \
\hline 10 & 54 & 22 & 45 \
\hline 11 & 43 & 23 & 41 \
\hline 12 & 39 & 24 & 38 \
\hline
\end{array}$$

Turkey in M&N Supermarket Has the Demand Pattern as Shown