Question: Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calc specify what procedure you would utilize. a.

Your manager is trying to determine what

Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calc specify what procedure you would utilize. a. Calculate the simple three month moving average forecast for periods 4 to 12 b. Calculate the weighted three month moving average using weights of 0.50,0.30, and 0.20 for periods c Calculate the mean absolute deviation (MAD) for the forecasts made by each technique in periods 4 te d. Which forecasting method do you prefer? Month Actual Demand Month Actual Demand WN- TT T Arial 3 (12pt) T.E E .02's

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