11 Here are the actual tabulated demands for an item for a nine-month period (January through September).
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11 Here are the actual tabulated demands for an item for a nine-month period (January through September). Your supervisor wants to test two forecasting methods to see which method was better over this period.
a Forecast April through September using a three-month moving average.
b. Use simple exponential smoothing with an alpha of .3 to estimate April through September.
c. Use MAD to decide which method produced the better forecast over the six-month period.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Operations Management For Competitive Advantage
ISBN: 1572
11th Edition
Authors: Richard B. Chase, F. Robert Jacobs
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