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Ms . Reed, Director of Supply Chain and Logistics for a Calendar company, wishes to evaluate two methods of time series forecasting. She has collected

Ms. Reed, Director of Supply Chain and Logistics for a Calendar company, wishes to evaluate two methods of time series forecasting. She has collected quarterly calendar sales data from the years 2020 and 2021. Hint: you may want to put all the data in 2 columns to look like the example we did in class.
20202021
Quarter Actual Sales Quarter Actual Sales
1140011600
29002900
33003300
490041100
a) Use a Nave method to forecast sales for quarter 1-2022.
1,100
b) Use a 3-month moving average to forecast quarter 1-2022.
766.67
c) Use a 3-month weighted moving average to forecast quarter 1-2022, use 0.2,0.3 and 0.5 as the weights respectively.
820
d) Compare the performance of the three methods by using MAD and MAPE as the performance criteria. Which method would you recommend?
e) Using

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