Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that...

Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that would complete each statement.

With MAD as the criterion, the best forecasting model for this time series data is: *

A.)Naïve approach

B.)2-week SMA

C).WMA with weights: 0.5, 0.3, 0.2

D). D. ES with alpha = 0.8

NA<br>SMA; n=2<br>WMA; 0.2, 0.3, 0.5<br>ES; α=0.8<br>MONTH<br>HAIRCUTS PERFORMED<br>F<br>|A-F|<br>F<br>|A-F|<br>F<br>|A-F|<br>F<br>|A-F|<br>1<br>450<br>2<br>495<br>520<br>4<br>563<br>5<br>584<br>6.<br>

Extracted text: NA SMA; n=2 WMA; 0.2, 0.3, 0.5 ES; α=0.8 MONTH HAIRCUTS PERFORMED F |A-F| F |A-F| F |A-F| F |A-F| 1 450 2 495 520 4 563 5 584 6.

Jun 03, 2022

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Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that...

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