Question: 1. Compute the three-month weighted moving average (3MWMA) forecasts for the April 2022 to Jan 2023 period, using weights of 0.1, 0.3, and 0.6

Month Operating profit, R million Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 9 14 22 15 19 17 23 18 20

1. Compute the three-month weighted moving average (3MWMA) forecasts for the April 2022 to Jan 2023 period, using weights of 0.1, 0.3, and 0.6 (oldest data to newest data, respectively). 3.2. Compute the four-month weighted moving average (4MWMA) forecasts for the May 2022 to Jan 2023 period, using weights of 0.1, 0.2, 0.3, and 0.4 (oldest data to newest data, respectively). 3.3. Calculate the Mean Absolute Percentage Error (MAPE) of the three-month weighted moving average (3MWMA) forecasts. 3.4. Calculate the Mean Absolute Percentage Error (MAPE) of the four-month weighted moving average (4MWMA) forecasts. 3.5. Which of the two weighted moving average methods is better at forecasting Takealot's monthly operating profit? Month Operating profit, R million Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 9 14 22 15 19 17 23 18 20 25 34 26

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