Q. Quarterly demands for flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 at quarterly level u
Posted: Mon May 30, 2022 8:57 am
Q. 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?
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?