Sales for the past 12 months at Dalworth Company are
Sales for the past 12 months at Dalworth Company are given here.


a. Use a three month moving average to forecast the sales for the months May through December.
b. Use a four-month moving average to forecast the sales for the months May through December.
c. Compare the performance of the two methods by using the mean absolute deviation as the performance criterion. Which method would you commend?
d. Compare the performance of the two methods by using the mean absolute percent error as the performance criterion. Which method would you recommend?
e. Compare the performance of the two methods by using the mean squared error as the performance criterion. Which method would yourecommend?
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help