Question: QUESTION 4 ( 2 0 Marks ) Study the information provided below and answer the following questions. INFORMATION Radasys Digicommerce Inc. ( RDI ) is
QUESTION Marks
Study the information provided below and answer the following questions.
INFORMATION
Radasys Digicommerce Inc. RDI is an ecommerce enterprise specialising in consumer electronics. Presently, the
sales department at RDI utilises the ThreeQuarterMovingAverage Method QMAM to forecast demand for one of its
flagship products, an AIdriven gadget. The newly appointed Chief Demand Planner at RDI, tasked with driving innovation
and enhancing forecasting accuracy, suspects that regression modelling may offer a superior alternative. Consequently,
he plans to conduct a comparative analysis to assess the relative forecasting accuracy between the QMAM and
regression analysis methodologies.
As an operations analyst at RDI, you have been assigned this task. The following sales data for the gadget is available:
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