Question: 1. make sure i can read your hand writing. be straight forward and answer the wuestion no extra explaining thsnk you i will upvote. make
Chapter 15 Homework Assignment The manager of the Petroco Service Station wants to forecast the demand forJunleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The owner has accumulated the following data on demand for unleaded gasoline from sales during the past 10 months: Part 1 Compute the following: a- MA3 b- MA4 c- WMA3(0.5,0.3,0.2) d- Exponential Smoothing forecast (=0.3) e- Adjusted Exponential Smoothing forecast (=0.3,=0.2) Part 2 Using MAD, determine which of these five forecasts is more accurate
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
