Question: a ) When might a manager prefer a linear trend technique to a moving average technique and why? ( 5 points ) A local theatre
a When might a manager prefer a linear trend technique to a moving average technique and why? points
A local theatre company in St John's has had the following sales revenue for the past years:
tableYearRevenue $s
b Calculate forecasts for using LinearTrend Equation and Trend Adjusted Exponential Smoothing or doubleexponential smoothing methods. Use an and start with initial estimates $$ points
c Calculate MAPE for for each method and indicate which method provides the better forecasts; state any necessary assumptions. Explain. points
d Forecast revenue for and based on your preferred method from b State any necessary assumptions. points
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