Question: 1)The MAPD levels are mentioned below: 2 Month moving average = 3.7 3 Month moving average = 6.2 Exponential smoothing = 4.9 Exponential Smoothing with
1)The MAPD levels are mentioned below:
2 Month moving average = 3.7
3 Month moving average = 6.2
Exponential smoothing = 4.9
Exponential Smoothing with Trend = 4.1
Which forecast is best and why?
A.2 Month Moving Average
B.3 Month Moving Average
C.Exponential Smoothing
D.Exponential Smoothing with Trend
detailed solution
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
