Question: 5 . [ 2 0 points ] Following table shows the sales data of printing paper ( in reams ) for the past 1 2
points Following table shows the sales data of printing paper in reams for the past
weeks at a stationary retailer:
Week
Sales
a Calculate the forecast sales for week using threeweek moving average points
b Forecast sales for week using the twoperiod weighted moving average method. The
weights are: Wt Wt points
c If the actual sales for week is calculate the forecasting error for each method
MA and WMA for week State whether forecasted values are underforecasts or
overforecasts. points
d Which forecasting method is more accurate? Explain why. points
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