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Problem 1 2 - 2 ( Algo ) Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9
Problem Algo Given the series of demand data below Period: Demand: Click here for the Excel Data File a Calculate the forecasts for periods through using moving average models with n n and n b Calculate the bias and MAD for each set of forecasts. b Which moving average model is best with respect to MAD?
Problem Algo
Given the series of demand data below
Period:
Demand:
Click here for the Excel Data File
a Calculate the forecasts for periods through using moving average models with n n and n
b Calculate the bias and MAD for each set of forecasts.
b Which moving average model is best with respect to MAD?
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