Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 6.00

average forecast

For Problems 1 through 3, use the following time series data:

1.(**) Develop a three-period moving average forecast for April 2006 through January 2007. Calculate the MFE and MAD values for April through December 2006.

2. (**) Develop a two-period weighted moving average forecast for March 2006 through January 2007. Use weights of 0.6 and 0.4, with the most recent observation weighted higher. Calculate the MFE and MAD values for March through December.

3. (**) Develop an exponential smoothing forecast (a=0.3) for February 2006 through January 2007. Assume your forecast for January 2006 was 100. Calculate the MFE and MAD values for February through December 2006. For Problems 7 through 9, use the following time series data:

MONTH

DEMAND

MONTH

DEMAND

January 2006

119

July

111

February

72

August

116

March

113

September

89

April

82

October

95

May

82

November

88

June

131

December

90

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Maurice Tutor
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Status NEW Posted 09 Oct 2017 11:10 AM My Price 6.00

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