Question: Question 3 (6 marks) (Show all your work for full marks) Demand for the following four months for Perk and Co. was: Required: a) Predict

Question 3 (6 marks) (Show all your work for full marks)

Question 3 (6 marks) (Show all your work for full marks) Demand for the following four months for Perk and Co. was: Required: a) Predict demand for July using a 3-period moving average. (1 mark) b) Predict demand for July using exponential smoothing with alpha equal to .30. Use the nave approach to determine the forecast for April. ( 2 marks) c) Compute the following ( 3 marks): a. MAD b. MAPE c. MSE

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