Question: Need 2 and 3(Important) first if you know 1 than later 1. What is forecasting error? 2. Using simple moving average, what is the forecast

Need 2 and 3(Important) first if you know 1 than

Need 2 and 3(Important) first if you know 1 than later

1. What is forecasting error? 2. Using simple moving average, what is the forecast for 2019 using a 4 year moving average? 3. Using a smoothing factor of .6, what is the 2019 forecast? Actual Demand Forecast 2015 17500 2016 16500 2017 24000 2018 29000 2019

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