Question: Homework Assignment-Due by Next Class Create an excel sheet using the dataset presented in this section. Create a graph of the data and forecasts Develop

Homework Assignment-Due by Next Class Create an

Homework Assignment-Due by Next Class Create an excel sheet using the dataset presented in this section. Create a graph of the data and forecasts Develop a forecast for the next period using the prior actuals using the following methods Last period value Arithmetic mean 3 period moving average Weighted Moving Average (.4,.3, 2, 1) Calculate the MAD and MAPE for each model for each period and in total Answer which model is the best to use, and why Week 1 2 3 4 5 6 LO 7 8 9 9 10 11 12 13 9 11 10 Demand 9 9 8 9 129 12 11 7

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