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Required: 1 . Calculate the forecast using 3 - year moving average ( MA ) 2 . Calculate the forecast using 3 - year weighted
"Required:
Calculate the forecast using year moving average MA
Calculate the forecast using year weighted moving average WMA
Calculate the mean absolute diviation based on MA and WMA. Which one give you closest forecast using MAD. Show the graph also.
Calculate the Exponentially Smoothed Forecast for each month. Assume an an initial forecast of units in Jan. Use smoothing constand a a and a
Which smoothing constant give you closest forecast. Using MAD and graph.
Calculate the trend projection
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