The following historical data have been collected representing sales of a product. Compare forecasts using a three-perio

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answerhappygod
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The following historical data have been collected representing sales of a product. Compare forecasts using a three-perio

Post by answerhappygod »

The following historical data have been collected
representing sales of a product. Compare forecasts using a
three-period moving average and exponential smoothing with an α =
0.2. Using MAD and MSE, which forecasting model is best? Are your
results the same using the two error measures?
Week Demand
1

20
2

31
3

36
4

38
5

42
6

40
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