Question: Three - month weighted moving average, where the weights are 0 . 4 for the most recent month 0 . 3 for the second most
Threemonth weighted moving average, where the weights are for the most recent month for the second most recent month, and for the third most recent month. Exponential smoothing with alpha Assume that Month forecast Month actual sales Forecast sales for months using three month moving average method Forecast sales and for months using three month weighted moving average method Forecast sales for months using exponential smoothing method If actual sales for Month is calculate the forecast error for each forecast method moving average weighted moving average exponential smoothing Which method provides the best forecasting Explain why
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