Question: A . Use the 3 - period moving average to forecast sales for the 3 1 st week. ( Round final answer to 2 decimal
A Use the period moving average to forecast sales for the st week. Round final answer to decimal places.
t
B Use simple exponential smoothing with a to forecast sales for the st week. round final answer to decimal places.
t
C Report the performance measures for the techniques in parts a and b Do not round intermediate calculations. Round final answer to decimal places.
Technique MSE MAD MAPE
moving average
Exponential smoothing
C
Which is the preferred technique for making the forecast?
because it has the out of performance measures.
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