Question: Consider the sales for six consecutive weeks for Sam's Strawberries. The sales are in Flats sold. A. Use a moving average (MA) with AP=3, forecast
Consider the sales for six consecutive weeks for Sam's Strawberries. The sales are in "Flats" sold. A. Use a moving average (MA) with AP=3, forecast the sales for weeks four through six. B- Use a weighted moving average (WMA) with weights of 0.6 (most recent), 0.3, and 0.1 (oldest) to predict the sales for weeks four through six. C- Use exponential smoothing (ES) with =0.25 to forecast sales for weeks four through six (Assume that A3=F3 ) D- Use linear regression (time series) to develop a prediction equation that will forecast sales. Then use that prediction equation to get forecasts for weeks four through six D- Use MAD to pick the best forecasting method resulting from A, B , C and D mentioned above
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