Question: Instructions Consider COGS.xIsx. Apply the following forecasting methods to forecast two years: Implement each model in a separate spreadsheet. Plot the data. How would you
Instructions
Consider COGS.xIsx. Apply the following
forecasting methods to forecast two years:
Implement each model in a separate
spreadsheet.
Plot the data. How would you describe
the data in terms of seasonality and
trend?
Moving average using
Weighted moving average using
find using solver
Exponential Smoothing find a using
solver
Stationary Additive seasonal effect find
a and using solver
Stationary Multiplicative seasonal effect
find and using solver
Double moving average
Holt's method
HoltWinter's method for additive
seanonal
HoltWinter's method for multiplicative
seanonal
Seasonal Regression
Which model is the best for this dataset?
Compare each method based on MSE.
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