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Suppose the sales for ABC Corp. are shown in the table below. a ) Use linear regression method to forecast the demand for Quarter 1
Suppose the sales for ABC Corp. are shown in the table below. a Use linear regression method to forecast the demand for Quarter of Year Note that Year Quarter should be changed to Quarter ; Year Quarter should be changed to Quarter and so on b Forecast the sales for each of the four quarters for Year using the seasonality adjustment method discussed in class. tableYearQuarter,Sales millions of unitsForecasting MAN : Goh Tammy Dough, manager of Dough's Pizza, must forecast weekly demand for these special pizzas, Polish Prize Pizza, so that she can order the correct amount of pizza shells weekly. Recently, the demands are as follows: a Forecast the demand for Polish Prize Pizza for Weeks and using the period moving average method. b Forecast the demand for Weeks and using weights of for the most recent, next recent, and most distant data, respectively. c Assume that the forecast for Week is Forecast the demand for Week through Week using the exponential smoothing method with d Now, forecast the demand for Weeks through using the exponential smoothing method with How does it compare to that in part c Suppose the sales for ABC Corp. are shown in the table below. a Use linear regression method to forecast the demand for Quarter of Year Note that Year Quarter should be changed to Quarter ; Year Quarter should be changed to Quarter and so on b Forecast the sales for each of the four quarters for Year using the seasonality adjustment method discussed in class. A forecasting model has produced the following forecasts: a Fill in the blanks above b Calculate the mean absolute deviation MAD at the end of April. c Calculate the average error at the end of April. d Calculate the tracking signal at the end of April.
Suppose the sales for ABC Corp. are shown in the table below.
a Use linear regression method to forecast the demand for Quarter of Year
Note that Year Quarter should be changed to Quarter ; Year Quarter should be changed to Quarter and so on
b Forecast the sales for each of the four quarters for Year using the seasonality adjustment method discussed in class.
tableYearQuarter,Sales millions of unitsForecasting MAN : Goh
Tammy Dough, manager of Dough's Pizza, must forecast weekly demand for these special pizzas, Polish
Prize Pizza, so that she can order the correct amount of pizza shells weekly. Recently, the demands are as
follows:
a Forecast the demand for Polish Prize Pizza for Weeks and using the period moving average
method.
b Forecast the demand for Weeks and using weights of for the most recent, next recent,
and most distant data, respectively.
c Assume that the forecast for Week is Forecast the demand for Week through Week using the
exponential smoothing method with
d Now, forecast the demand for Weeks through using the exponential smoothing method with
How does it compare to that in part c
Suppose the sales for ABC Corp. are shown in the table below.
a Use linear regression method to forecast the demand for Quarter of Year
Note that Year Quarter should be changed to Quarter ; Year Quarter should be changed to
Quarter and so on
b Forecast the sales for each of the four quarters for Year using the seasonality adjustment method
discussed in class.
A forecasting model has produced the following forecasts:
a Fill in the blanks above
b Calculate the mean absolute deviation MAD at the end of April.
c Calculate the average error at the end of April.
d Calculate the tracking signal at the end of April.
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