Question: Could you help me with this prep for upcoming test? Lambtons Department Store sells white bath towels. The demand for the last 6 years is

Could you help me with this prep for upcoming test?

Lambtons Department Store sells white bath towels. The demand for the last 6 years is given in the table below, along with the forecasts for the current year calculated using a three-year moving average and exponential smoothing with = 0.8. The Mean Forecast Error (MFE), Mean Absolute Deviation (MAD) and Mean Absolute Percentage Error (MAPE) are shown in the associated table.

Which forecast do you recommend for the coming year? Justify your recommendation

Could you help me with this prep for upcoming test? Lambtons Department

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