Question: Error (Deviation) measurement Given Duta Month March April May June Sales OR Demand in 2019 500 700 400 800 300 600 500 700 Forecasted demand/sales

Error (Deviation) measurement

Given Duta Month March April May June Sales OR Demand in 2019 500 700 400 800 300 600 500 700 Forecasted demand/sales for 2020 (Moving Average) Forecasted demand/sales for 2020 (weighted Moving Average) Forecasted demand/sales for 2020 a=0.2 (S.E.S) 400 500 300 750 600 650 450 650 Average of deviation Check which method gives us optimal result: Month March April May June Deviation Deviation Deviation Deviation Forecasted demand/sales for 2020 K=2 (Moving Average) Forecasted demand/sales for 2020 K=2 (weighted Moving Average) Forecasted demand/sales for 2020 a 0.2 (S.E.S)

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