Hello, please answer the question below. Thanks! After tallying the receipts for their first year of operation, the owners of the Taco Barn are encouraged. Sales of their artisanal tacos, made from...


Hello, please answer the question below.  Thanks!




After tallying the receipts for their first year of operation, the owners of the Taco Barn are encouraged. Sales of their artisanal tacos, made from such exotic ingredients as ground beef, cheese, and beans, have been strong and seem to give hope to the coming year. Taco sales by month are shown in the table.



























































Month




Sales



January



474



February



485



March



501



April



588



May



579



June



673



July



594



August



679



September



608



October



699



November



732



December



732



The manager is open to suggestions for forecasting models and decides to try both a linear trend model and an exponential smoothing model with an alpha of 0.9. Generate forecasts for the year using these techniques and then calculate forecast errors using MAD to determine which is the superior method in this scenario.



Jun 01, 2022
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