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Plot the data and describe what you see. Superimpose the graphs by year. b . Simulate a forecast using the 4 - month moving average
Plot the data and describe what you see. Superimpose the graphs by year. b Simulate a forecast using the month moving average technique. What is the forecast for January c Simulate a forecast using the exponential smoothing technique with What is the forecast for January d Which method is better, the moving average or exponential smoothing? Explain. e Compute the tracking signal for both forecasting methods and comment on them. f Suppose you create the following seasons: Season : January; Season : February and March; Season : April, May, June, and July; Season : August and September; and Season : October, November, and December. Compute the seasonal indices. g Suppose the forecast for is in total. Using the seasonal indices from part compute the forecast for each month of
Plot the data and describe what you see. Superimpose the graphs by year.
b Simulate a forecast using the month moving average technique. What is the forecast for
January
c Simulate a forecast using the exponential smoothing technique with What is the
forecast for January
d Which method is better, the moving average or exponential smoothing? Explain.
e Compute the tracking signal for both forecasting methods and comment on them.
f Suppose you create the following seasons: Season : January; Season : February and
March; Season : April, May, June, and July; Season : August and September; and Season :
October, November, and December. Compute the seasonal indices.
g Suppose the forecast for is in total. Using the seasonal indices from part
compute the forecast for each month of
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