Question
Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019. LOADING...
Develop a three-period moving average forecast for April 2019 through January 2020. Calculate the MFE, MAD, and MAPE values for April through December 2019.
LOADING...
Click the icon to view the time series data. Part 2Develop a three-period moving average and fill-in the table below (enter your responses rounded to one decimal place).
Month | Demand | Forecast |
January 2019 | 109 | |
February | 80 | |
March | 96 | |
April | 77 | 95 |
Part 3
May | 94 | 84.3 |
Part 4
June | 140 | 89 |
Part 5
July | 108 | 103.7 |
Part 6
August | 114 | 114 |
Part 7
September | 81 | 120.7 |
Part 8
October | 90 | 101 |
Part 9
November | 85 | 95 |
Part 10
December | 93 | 85.3 |
Part 11The forecast for January 2020 is
89.3
(Enter your response rounded to one decimal place.)
Part 12
The MFE is
enter your response here.
(Enter your response rounded to one decimal place and include a minus sign if necessary.)
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