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Weekly Bicycle sales at Bikeman's Bike Shop are shown below. Week Actual Weekly Sales 1 8 2 10 3 9 4 11 5 10 6
Weekly Bicycle sales at Bikeman's Bike Shop are shown below.
Week Actual Weekly Sales
1 8
2 10
3 9
4 11
5 10
6 13
7 -
a. Calculate a 3-week Weighted Moving Average using the following weights.
Weights applied: Period:
3 Last week
2 Two weeks ago
1 Three weeks ago
______________________________________________
6 Sum of weights
b. Compute the Mean Absolute Deviation (MAD) for forecast accuracy.
ALSO: If possible, can you upload a document showing me your work and how you come to the conclusion?
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