Question: Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019. Part
Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019.
Part 2
Develop a three-period moving average and fill-in the table below (enter your responses rounded to one decimal place).
| Month | Demand | Forecast |
| January 2019 | 95 | |
| February | 76 | |
| March | 97 | |
| April | 75 | 89.389.3 |
Part 3
| May | 90 | 82.782.7 |
Part 4
| June | 130 | 87.387.3 |
Part 5
| July | 107 | 98.398.3 |
Part 6
| August | 109 | 109109 |
Part 7
| September | 88 | 115.3115.3 |
| October | 104 | 101.3101.3 |
Part 9
| November | 94 | 100.3100.3 |
Part 10
| December | 88 | 95.395.3 |
Part 11
The forecast for January 2020 is
95.395.3.
(Enter your response rounded to one decimal place.)
Part 12
The MFE is
0.70.7.
(Enter your response rounded to one decimal place and include a minus sign if necessary.)
Part 13
The MAD is
1313.
(Enter your response rounded to one decimal place.)
Part 14
The MAPE is
enter your response here%.
(Enter your response rounded to one decimal place.)
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