Question
A retailer uses 3 period moving average to forecast product demand in her store. Monthly demand from March to July were: 84, 87, 92,
A retailer uses 3 period moving average to forecast product demand in her store. Monthly demand from March to July were: 84, 87, 92, 89 & 94. Calculate the forecast for August based on the method currently used by her. [Enter upto 2 decimals in the answer] Answer: Question 14 Monthly actual and forecast sales for smart phones in an electronic shop is shown below. Find the mean squared error (MSE) for this Not yet answered Marked out of forecasting method: 10.00 P Flag Month 3 4 question Actual 46 49 54 51 Forecast 40 38 41 43 [Enter up to 2 decimals in the answer] Answer:
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
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