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Please take the average for april may and june to forcast for june and calulate the rest with the same reference Question 2 Historical demand
Please take the average for april may and june to forcast for june and calulate the rest with the same reference
Question 2 Historical demand for Peeps is as displayed in the table. Develop forecasts from June through October using these techniques: moving average of two period, simple exponential smoothing with an alpha of 0.8 , and Holt's method with alpha =0.2 and beta =0.1. For the exponential smoothing model assume that the forecast for May is the actual demand for May. For Holt's model, the level and trend for May are assumed to be 44 and 12. Judge which forecast method is the best based on MADStep by Step Solution
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