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Weekly sales of copy paper at Dunder Mifflin Paper Company are provided in the table below. Compute a three-period moving average and a four-period
Weekly sales of copy paper at Dunder Mifflin Paper Company are provided in the table below. Compute a three-period moving average and a four-period moving average for weeks 5, 6, and 7. Compute the MAD for both forecasting methods. What is the forecast for week 8? (Hint: Calculate forecast using more accurate method) Week Sales (cases) 23.67 22.33 23.25 11.89 17.5 1 55 2 62 3 57 4 22 5 30 6 18 7 23
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