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32. (26 points) Historical demand for Peeps is as displayed in the table. dnua Apl |3 ] -'- | a4 | June | 53 |
32. (26 points) Historical demand for Peeps is as displayed in the table. dnua Apl |3 ] -'- | a4 | June | 53 | July | 67 | | September | 96 | (1) (14 points) Please make forecast, based on historical demand data, for demand from June through October using the following methods: moving average (3), moving average (4), exponential smoothing (0.4), exponential smoothing (0.8). Compare \"the mean absolution deviation (MAD) and \"Forecast error among these methods. Use EXCEL format & functions shown in class materials. (2) (8 points) Please make forecast using the simple linear regression. What is the model? Is the model valid (residual analysis)? What is the significance of the regression model (R?, p-value of the slope)? Use EXCEL format & functions shown in class materials. (3) (4 points) Compare the smoothing methods with the regression. Which method would you recommend? Why? Use EXCEL format & functions shown in class materials
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