1. Which forecasting method would be chosen based on MAD?

Group of answer choices

Exponencial Smoothing

Simple Moving Average

Weighted Moving Average

2) Which forecasting method would be chosen based on Bias?

Group of answer choices

Exponencial Smoothing

Simple Moving Average

Weighted Moving Average

3)What is the Tracking Signal for Weighted Moving Average Forecast?

Group of answer choices

1.782

1.785

2.333

2.785

None of the above

4)What is the Tracking Signal for Simple Moving Average Forecast?

Group of answer choices

1.782

1.785

2.333

2.785

None of the above

We have calculated three forecasts using the demand data. First, for months 4 through 10, we have developed the exponentially smoothing forecasts using a forecast for month 3 (F3) of 120.0 and an alpha of 0.3. Second, we have calculated the three-month moving-average forecast for months 4 through 10 . Third, we have calculated the weighted moving average for months 4 through 10 , using weights of .60, .30, and .10 , with 0.60 applied to the most recent data. We have also calculated the Mean Absolute Deviation (MAD) and the Cumulative sum of Forecast Error (CFE) for each forecasting procedure