Question
Consider the quarterly sales data:data1 = {10, 31, 43, 16, 11, 33, 45, 17, 14, 46, 50, 21, 19, 41, 55,25}. a) Forecast demand for
Consider the quarterly sales data:data1 = {10, 31, 43, 16, 11, 33, 45, 17, 14, 46, 50, 21, 19, 41, 55,25}.
a) Forecast demand for 6th month by using 2 month MA.
b) Forecast demand for 6th month by using by employing EWMA with=0:9.
c) Which forecast result you would prefer? and why?
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Handbook Of Strategic Planning For Nonprofit Organizations
Authors: Siri N. Espy
1st Edition
,0313043841
