Question: A home store is experiencing steadily increasing demand for a new line of occasional furniture recently launched. Which forecasting method will help the firm to

A home store is experiencing steadily increasing demand for a new line of occasional furniture recently launched. Which forecasting method will help the firm to minimize forecasting error (MAD, MSE and MAPE)? (Recall H&R formula Ft = Ft-1 + (At-1 Ft-1)

A. three period weighted moving average using weights of oldest = .5, and two most recent periods each being weighted at .25 and .25

B. three-period simple moving average

C. six-period simple moving average

D. nave

E. Cannot be determined from the information provided

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