Question: 1. Compute both a three-period moving average forecast and a four-period moving average forecast for periods 5, 6, 7 and 8 only. 2. Compute the
| 1. Compute both a three-period moving average forecast and a four-period moving average forecast for periods 5, 6, 7 and 8 only. | |||||||||||
| 2. Compute the Mean Absolute Deviation for each forecast. | |||||||||||
| 3. Identify which forecast model is more accurate. | |||||||||||
| 4. Compute a forecast for week 9 using the most accurate method. Show work her or upload to assignment Exam 2 Work Upload | |||||||||||
| 3 Wk | 3 Wk | 4 Wk | 4 Wk | ||||||||
| Week | Sales | Avg | MAD | Avg | MAD | ||||||
| 1 | 102 | ||||||||||
| 2 | 98 | ||||||||||
| 3 | 110 | ||||||||||
| 4 | 116 | ||||||||||
| 5 | 96 | ||||||||||
| 6 | 106 | ||||||||||
| 7 | 122 | ||||||||||
| 8 | 108 |
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