Question: DO NOT TYPE ANYTHING IN THE BLUE AREAIII Chapter 3 This problem is based on 13 on page 83, but has been modified. Answer the

DO NOT TYPE ANYTHING IN THE BLUE AREAIII Chapter
DO NOT TYPE ANYTHING IN THE BLUE AREAIII Chapter 3 This problem is based on 13 on page 83, but has been modified. Answer the questions I have raised 9 10 Month March April May June Demand 55 60 55 72 60 63 75 July 13 24 August September 15 16 1. Forecast Demand for lune to September using a 3 month moving average, a 60/20/20 weighted moving average and exponential smoothing using alpha 33. For exponential smoothing assume the May forecast was 56. 2. Calculate the absolute deviation for all of your forecasts 3. Calculate a MAD for each of the three forecasting methods. Which performed best? 20 21 22 AD for Expo Smoothing 25 26 Month March April May June July August Septembe AD for 3 Mon Demand 3 Mon Moving 60/20/20 WA Expo Smooth Moving AD for WA 55 60 55 56 72 60 63 75 27 28 31 MAD 33 35 28

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