Question: Develop a three-period moving average forecast for April 2016 through January 2017. Calculate the MFE, MAD, and MAPE values for April through December 2016. MONTH
Develop a three-period moving average forecast for April 2016 through January 2017. Calculate the MFE, MAD, and MAPE values for April through December 2016.
| MONTH | DEMAND |
|---|---|
| January 2016 | 119 |
| February | 72 |
| March | 113 |
| April | 82 |
| May | 82 |
| June | 131 |
| July | 111 |
| August | 116 |
| September | 89 |
| October | 95 |
| November | 88 |
| December | 90 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
