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Q2. Quarterly demands for flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 at quarterly level
Posted: Mon May 30, 2022 3:25 pm
by answerhappygod
- Q2 Quarterly Demands For Flowers At A Wholesaler Are As Shown Forecast Quarterly Demand For Year 5 At Quarterly Level 1 (117.71 KiB) Viewed 15 times
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? Year Quarter Demand ($000) 80 || 96 III 103 IV 123 2 120 109 145 120 141 128 143 139 142 140 161 170 3 1 II ||| IV 1 || III IV I || ||| IV