Required a). Consider using a simple moving average model. Experiment with models using five weeks and three
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a). Consider using a simple moving average model. Experiment with models using five weeks and three weeks past data. (Round your answers to 2 decimal places.)rn
b). Evaluate the forecasts that would have been made over the 13 weeks using the overall (at the end of the 13 weeks) mean absolute deviation, mean absolute percent error, and tracking signal as criteria.(Negative values should be indicated by a minus sign. Enter "MAPE" answers in percentage rounded to 2 decimal places. Round your answers to 2 decimal places.)rn
Related Book For
Statistics Data Analysis and Decision Modeling
ISBN: 978-0132744287
5th edition
Authors: James R. Evans
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