Question: Considering the following data using moving average ( 4 quarters ) , weighted moving average ( 4 quarters; 0 . 4 , 0 . 3
Considering the following data using moving average quarters weighted moving average quarters; and ; where is the weight for the most recent month and exponential smoothing alpha FApril
a Calculate Mean Absolute Deviation MAD and SF for three forecasting techniques
b Which forecasting technique should be used to forecast the September demand?
c Find the confidence interval for the forecasted demand
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