Chattanooga Farms, a respected produce supplier, is attempting to forecast sales for the next quarter. Data has been collected on the past three years. Corporate staff have suggested a model that forecasts a constant increase of $15 per quarter. The firm in the past has relied on a 3 period moving average forecasting model.

Management would like to know which, if any, of these models is a good fit. All numbers are in millions.

Instructions:

For each part, use the template below to analyze each method (placing in a separate tab)

Which method is more appropriate (in a separate tab, justify and comment)?

thinking se Materials e 365 ing Help Chattanooga Farms, a respected produce supplier, is attempting to forecast sales for the next quarter. Data has been collected on the past three years. Corporate staff have suggested a model that forecasts a constant increase of $15 per quarter. The firm in the past has relied on a 3 period moving average forecasting model. Management would like to know which, if any of these models is a good fit. All numbers are in millions Instructions: For each part, use the template below to analyze each method (placing in a separate tab) Which method is more appropriate (in a separate tab, justify and comment)? (20 pts) im Tutoring on Je Drive -id Portal Librarian Time Actual Forecast Error RSFE (15 pts) (5 pts) (5 pts) Cum Error (5 pts) MAD (5 pts) TS (5 pts! 101 400 102 410 433 441 103 194 201 202 203 470 472 496 500 204 301 521 302 525 303 554 304 567 thinking se Materials e 365 ing Help Chattanooga Farms, a respected produce supplier, is attempting to forecast sales for the next quarter. Data has been collected on the past three years. Corporate staff have suggested a model that forecasts a constant increase of $15 per quarter. The firm in the past has relied on a 3 period moving average forecasting model. Management would like to know which, if any of these models is a good fit. All numbers are in millions Instructions: For each part, use the template below to analyze each method (placing in a separate tab) Which method is more appropriate (in a separate tab, justify and comment)? (20 pts) im Tutoring on Je Drive -id Portal Librarian Time Actual Forecast Error RSFE (15 pts) (5 pts) (5 pts) Cum Error (5 pts) MAD (5 pts) TS (5 pts! 101 400 102 410 433 441 103 194 201 202 203 470 472 496 500 204 301 521 302 525 303 554 304 567