Question: * Please show step by step in EXCEL * Problem - 1 ( 4 0 pts ) The annual demand for lime bags at McCall
Please show step by step in EXCEL Problem pts The annual demand for lime bags at McCalls Garden Supply for the past months is provided in the tab McCalls Garden Supply. Use month, month, and month moving averages to forecast demand in month pts Forecast demand with a month weighted moving average in which demand in the most recent month is given a weight of and demands in the other two months are each given a weight of pts Forecast demand for month by using exponential smoothing with a smoothing constant of Assume that the forecast for month is bags to begin the procedure. pts Which of the methods analyzed here would you use for month and beyond? Answer by making forecasts for months using each of the above methods and then calculating the mean absolute deviation MAD Month Bags
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