Consider using a simple moving average model. Experiment with models using five weeks and three weeks past
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Consider using a simple moving average model. Experiment with models using five weeks’ and three weeks’ past data. The past data in each region is given below. Evaluate the forecasts that would have been made over the past 13 weeks using the mean absolute deviation and tracking signal as criteria.
WEEK 5 4 3 2 1 Atlanta 45 38 30 58 37 Boston 62 18 48 40 35 Chicago 62 22 72 44 48 Dallas 42 35 40 64 43 LA 43 40 54 46 35 Total 254 153 244 252 198
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Operations And Supply Chain Management The Core Plus
ISBN: 9780073278292
1st Edition
Authors: F. Robert Jacobs , Richard Chase
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