Question: Forecasting (20 Points) QUESTION 2: Given the following data Year 1 2 3 4 5 6 7 8 9 Demand 74 90 59 91 140
Forecasting (20 Points) QUESTION 2: Given the following data Year 1 2 3 4 5 6 7 8 9 Demand 74 90 59 91 140 98 110 123 99 $ a) Calculate the Nave and three-year moving averages for years 4 through 10. b) Use MAD to determine which method gives more accurate forecast
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