Question: 1 1 Using a three - month moving average, calculate the forecasts for months 4 , 5 , 6 , 7 , 8 , 9
Using a threemonth moving average, calculate the forecasts for months and
EXPONENTIAL SMOOTHING PROBLEM: If the forecast for June was and actual demand was what would be the forecast for July if the smoothing constant is If July demand turns out to be calculate forecast for August. Use exponential smoothing for your calculation.
Given the following forecast and actual demand, calculate the mean absolute deviation MAD
tablePERIODFORECAST,tableACTUALDEMANDtableABSOLUTEDEVIATIONERRORTOTAL
Mean Absolute Deviation
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