solved Assignment Question(s):(Marks 5)undefinedQuestion 2:undefinedAn Electronic Company estimates

Assignment Question(s):(Marks 5)undefinedQuestion 2:undefinedAn Electronic Company estimates the annual demand for a certain product as follows:undefined Week 1 2 3 4 5 6 Demand 649 524 561 738 515 598 undefinedForecast the demand for week 7 using a five-period moving average? (Marks 1.5) (word count maximum:100)Forecast the demand for week 7 using a three-period weighted moving average. Use the following weights: W1 = .4, W2 = .4, W3 = .2 (Marks 1.5) (word count maximum:100)Forecast the demand for week 7 using exponential smoothing. Use α value of .1 and assume the forecast for week 6 was 602 units? (Marks 1.5) (word count maximum:100)What assumptions are made in each of the above forecasts? (Marks 0.5) (word count maximum:150TextbookOperations Management in the Supply Chain: Decisions and Cases, 7th Edition (2018), ISBN 978-1-259-71877-9 by Roger G. Schroeder and Susan Meyer Goldstein