Question: 3) Time Series Forecasting Models Use the time series data in the table below to do the following: Month Demand Jan-16 119 Feb-16 72 Mar-16

3) Time Series Forecasting Models Use the time

3) Time Series Forecasting Models Use the time series data in the table below to do the following: Month Demand Jan-16 119 Feb-16 72 Mar-16 113 Apr-16 82 May-16 82 Jun-16 131 Jul-16 111 Aug-16 116 Sep-16 89 Oct-16 95 Nov-16 88 Dec-16 90 a. Develop a three-period moving average forecast for April 2016 through January 2017. b. Calculate the MFE, MAD, and MAPE values for April through December 2016

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