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Case Study Consider monthly demand for the Marai Corporation as shown in the table below. Forecast the December sales based on the below questions. Month

Case Study

Consider monthly demand for the Marai Corporation as shown in the table below. Forecast the December sales based on the below questions.

Month

Sales

Jan

204

Feb

213

Mar

203

April

209

May

226

June

212

July

218

August

220

September

225

October

227

November

260

December

????

Use the spreadsheet analysis and show all related functions and models used to resolve the below issues

Forecast December sales using Naive method and compute relevant MAD

Forecast December sales using 2-month moving average and compute relevant MAD

Forecast December sales using the weighted average (50%/30%/20%) and compute relevant MAD

Forecast December sales using Regression and compute relevant MAD

Which method is the most accurate? Justify your answer

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