Consider using a simple moving average model. Experiment with models using fi ve weeks and three weeks
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Consider using a simple moving average model. Experiment with models using fi ve weeks’ and three weeks’ past data.
The past data in each region is given below (week 1 is the week before week 1 in the table, 2 is two weeks before week 1, etc.). Evaluate the forecasts that would have been made over the 13 weeks using the mean absolute deviation, mean absolute percent error, and tracking signal as criteria.
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Operations And Supply Management: The Core
ISBN: 9780073403335
2nd Edition
Authors: F. Robert Jacobs, Richard Chase
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