Question: Solve parts c , d , e , f in EXCEL Therano a healthcare company, has collected the following sales data. a ) Forecast for
Solve parts cdef in EXCEL
Therano a healthcare company, has collected the following sales data.
a Forecast for the month of July using Nave method. Calculate MAD & MSE.
b Forecast for the month of May using month moving average. Calculate MAD & MSE
Assume that the base value at the end of month was and the trend value was
Using and answer the following questions.
c What is the forecast for month of May made at the end of April?
d What is the forecast for July made as of the end of June?
e What is the forecast for August made as of the end of July?
f Which of these forecasts do you prefer and why?
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