Question: Problem 2 . Use the attached Excel file with the quarterly demand ( in 1 0 0 0 s of cases ) for a national
Problem Use the attached Excel file with the quarterly demand in s of cases for a national beer distributor over the past years data taken from textbook problem
Generate a forecast using a period weighted moving average wMA using weights being applied to the most recent periodpts
a What is the forecast for Quarter
b Find the MAD based on periods through dots, What is the MAD?
c Use nonlinear programming to find the weights that minimize MAD.
i What are the weights?
ii What is the MAD?
iii. What is the forecast for Quarter using these weights?
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