Question: Analytical Modeling Demand Forecasting Problem Weekly demand figures for supply chain management books at the UNT bookstore are as follows: Week Demand ( units )
Analytical Modeling Demand Forecasting Problem
Weekly demand figures for supply chain management books at the UNT bookstore
are as follows:
Week Demand units
Estimate demand for the next weeks using a week Moving Average and the
Multiplicative TimeSeries Static demand forecasting method.
Evaluate the MAPE for each forecasting method.
Which of the two demand forecasting methods do you prefer? Why?
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