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2015 Actual JAN 1500 FEB 2075 MARC 2500 APRIL 1500 MAY 2701 JUNE 3200 JULY 3016 1 Use the Naiive method to forecast for FEB
2015 | Actual |
JAN | 1500 |
FEB | 2075 |
MARC | 2500 |
APRIL | 1500 |
MAY | 2701 |
JUNE | 3200 |
JULY | 3016 |
1 | Use the Naiive method to forecast for FEB to Aug for 2016 | |||||||||||
2 | Calculate a 2-period moving average forecast | |||||||||||
3 | Calulate a weighted forecast for 2016 with 0.6, 0.3, 0.1 | |||||||||||
4 | Calculate all the Exponential Smoothing Forecast for 2016 with a smoothing constant = 0.35 and the Forecast for Feb = 2255 | |||||||||||
5 | Calculate the MAD, MSE and the MAPE for the Exponential Smoothing Forecasts |
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