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
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a weighted threemonth moving average using for June, for May, and for April
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a linear trend equation
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exponential smoothing with smoothing constant equal to assuming a February forecast of
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MAD threemonth moving average:
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MAD weighted threemonth moving average:
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MAD linear trend equation:
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MAD exponential smoothing:
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Which is the best? Why?
The weighted threemonth moving average is better because it provides the
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