Consider the quarterly sales data for Worthington Health Club shown here (also available on the worksheet C11P9
Question:
a. Develop a four-period moving average model and compute MSE for your forecasts.
b. Find a good value of α for a single exponential smoothing model and compare your results to part (a).
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Related Book For
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans
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