Question: b . Compute the sales forecast for July using the approaches given below. Do not round intermediate calculations. Round your answers to the nearest whole
b Compute the sales forecast for July using the approaches given below. Do not round intermediate calculations. Round your answers to the nearest whole number.
a threemonth moving average
computers
a weighted threemonth moving average using for June, for May, and for April
computers
a linear trend equation
computers
exponential smoothing with smoothing constant equal to assuming a February forecast of
computers
c Calculate the MAD for each of the four techniques in part b Use only the last months to compare the same number of months for all methods. Do not round intermediate calculations.
Round your answers to the nearest whole number.
MAD threemonth moving average:
MAD weighted threemonth moving average:
MAD linear trend equation:
computers
MAD exponential smoothing:
Which is the best? Why? Ms Winnie Lin's company sells computers. Monthly sales for a sixmonth period are as follows:
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