Question: ( 1 2 points ) Please make forecast, based on historical demand data, for demand from June through October using the following methods: moving average
points Please make forecast, based on historical demand data, for demand from June through October using the following methods: moving average moving average exponential smoothing exponential smoothing Compare the mean absolution deviation MAD and Forecast error among these methods. Use EXCEL format & functions shown in class materials.
points Please make forecast using the simple linear regression. What is the model? Is the model valid residual analysis What is the significance of the regression model R pvalue of the slope Use EXCEL format & functions shown in class materials.
points Compare the smoothing methods with the regression. Which method would you recommend? Why? Use EXCEL format & functions shown in class materials.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
