Question: please do the 3 question, im providing 2 ques becase we need that for ques 3 QUESTION 2 3 The sale of National Tire's tire

please do the 3 question, im providing 2 ques becase we need that for ques 3
please do the 3 question, im providing 2 ques
please do the 3 question, im providing 2 ques
QUESTION 2 3 The sale of National Tire's tire repair product for the past 10 months is as shown below. If National Tire uses 3- month moving average to forecast sales: Month 1 2 4 5 6 7 8 9 10 Sales 175 178 179 178 181 190 195 194 a) What are the forecasts for months 4-11? b) What is the resulting MAE, MSE and MAPE values? 179 183 QUESTION 3 a) Using the data given in Question 2, forecast the sales of National Tire's tire repair product for the month 11 using linear trend projection forecast using the least squares method. b) What is the resulting MAE, MSE and MAPE values ? c) Compare moving average forecast with trend projection forecast. Which method is better? Why? Page 1 of 2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!