Forecast sales for period 12 using each of the following methods and find MAD, MSE, and MAPE

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Forecast sales for period 12 using each of the following methods and find MAD, MSE, and MAPE from each

a) Naive method

b) Three period simple moving average

c) Exponential smoothing with alpha = 0.3

Period sales 1 4 2 6 3 4 4 5 5 10 6 8 7 7 8 9 9 12 10 14 11 15

Related Book For answer-question

University Physics with Modern Physics

ISBN: 978-0321501219

12th Edition

Authors: Hugh D. Young, Roger A. Freedman, Lewis Ford

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Posted Date: Aug 16, 2018 04:20 AM

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Forecast sales for period 12 using each of the following methods and find MAD, MSE, and MAPE

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a Naive Method Data Period Demand 1 4 2 6 3 4 4 5 5 10 6 8 7 7 8 9 9 12 10 14 11 15 Next period ... View the full answer

University Physics with Modern Physics

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