Question: please write your answer by explaining. not as an excel functs. Demand (5000) Q2. Quarterly demands for 80 96 103 123 flowers at a wholesaler
please write your answer by explaining. not as an excel functs.
Demand (5000) Q2. Quarterly demands for 80 96 103 123 flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 at 120 109 145 120 141 128 143 139 quarterly level using moving average, simple exponential smoothing with alpha=0.1, as well as Holt's method with beta=0.1 and alpha-0.1. Which of the two methods 142 140 161 IV 170 do you prefer? Why? Year 1 2 3 Quarter 1 III IV 1 11 III IV 1 II III IV 1 11 |||
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