Question: 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?
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  • CreatedJanuary 24, 2013
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