Q2 Quarterly Demands For Flowers At A Wholesaler Are As Shown Forecast Quarterly Demand For Year 5 At Quarterly Level 1 (43.83 KiB) Viewed 14 times
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Q2. Quarterly demands for flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 at quarterly level using moving average, simple exponential smoothing with alpha=0.1, as well as Holt's method with beta=0.1 and alpha-0.1. Which of the two methods do you prefer? Why? Quarter Demand ($000) Year 1 80 || 96 103 T 123 2 120 109 145 120 3 141 128 143 139 4 142 140 161 170 I || III I || III IV
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