Question: Do the second one based on the first one question MAAI BV Homework: Ch... Question 3, Problem 10 Part 6 of 6 HW Score: 61.31%,

Do the second one based on the first one question Do the second one based on the first one question
Do the second one based on the first one question
MAAI BV Homework: Ch... Question 3, Problem 10 Part 6 of 6 HW Score: 61.31%, 1.84 of 3 points Points: 0.13 of 1 Save es A convenience store recently started to carry a new brand of soft drink Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (et - 0.4 with an initial forecast for week 1 of 604) methods to forecast demand for week 13. Compare these methods by using the mean absolute deviation and mean absolute percent error performance criteria Does your analysis suggest that salos are trending and if so, by how much? ed: ore Period 1 2 3 4 5 6 7 8 9 10 11 12 Sales 604 633 658 742 673 609 737 709 718 735 671 749 (1) Obtain the trend projection with regression forecast The forecast for week 13 is 745 (Enter your response rounded to the nearest whole number) Specify the mean absolute deviation (MAD) and mean absolute percent error (MAPE) (Enter your responses rounded lo no decimal places) MAD MAPE 29.10 4.29% on 1 (1) Obtain the exponential smoothing forecast The forecast for week 13 is 718 (Enter your response rounded to the nearest whole number) Specify the mean absolute deviation (MAD) and mean absolute percent error (MAPE) (Enter your responses rounded to two decimal places) MAD MAPE 4293 6.15% GSC Based on MAD, the best method is trend projection with regression Based on MAPE, the best method is trend projection with regression Homework: Ch... Question 3, Problem 10 Part 1 of 6 HW Score: 61.31%, 184 of 3 points Points: 0.13 of 1 Save A convenience store recently started to carry a new brand of soft drink Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week Use both the trend projection with regression and the exponential smoothing (let a=0.4 with an initial forecast for week 1 of 601) methods to forecast demand for week 13. Compare these methods by using the mean absoluto deviation and mean absolute percent error performance criteria Does your analysis suggest that sales are trending and it so by how much? 7 Period Sales 1 601 2 622 3 646 4 734 5 642 6 618 8 732 9 749 10 11 738 12 754 743 663 () Obtain the trend projection with regression forecast The forecast for week 13 is (Enter your response rounded to the nearest whole number)

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