Use the following sales data:
Week Sales
1 30
2 35
3 56
4 85
5 95
6 45
7 65
8 74
9 73
10 39
Use naive method, a three-period moving average and exponential smoothing with an a=0.35 for forecast sales
Compare the forecasts using MSE and MAD. Explain which one is the best.
Make a forecast for weeks 11 and week 12 by using the optimal method.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here