Question: This has to be in a Execl Sheet. There is a document of the Full Questions. A rental car manager estimates the number of full
This has to be in a Execl Sheet. There is a document of the Full Questions. A rental car manager estimates the number of fullsize sedans rented per week so that she can maintain an adequate number of cars in the lot. Data for the past weeks are shown here:
a Prepare a forecast through week by using a fiveweek moving average.
b Prepare a forecast through week by using a period weighted moving average, giving the weight of to the most recent week, to the second week and to the third week.
c Prepare a forecast using exponential smoothing method with Forecast for week was
d Prepare a forecast through week by using a regression model
e Which method is preferred for this data if mean absolute deviation MAD is used?
f Make a recommendation for the number of fullsize sedans for a week.
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