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Read the case Tires for You, Inc. and answer the following questions: 1 . Calculate a forecast using a simple three - month moving average
Read the case Tires for You, Inc. and answer the following questions: Calculate a forecast using a simple threemonth moving average Calculate a forecast using a threeperiod weighted moving average. Use weights of and for the most recent period, the second most recent period, and the third most recent period, respectively Calculate a forecast using the exponential smoothing method. Assume the forecast for period is Use alpha Based on the three methods used to calculate a forecast for TFY which method produced the best forecast? Why? What measures of forecast error did you use? How could you improve upon this forecast?
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