The Hartley-Davis motorcycle dealer in the Minneapolis–St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the following table for the past year.
Month Motorcycle sales
January Use the opposite of the last 3 digits of your own ID
February 680
March 720
April 585
May 635
June 874
July Use the last 3 digits of your own ID
August 1400
September 980
October 1050
November Use the last 4 digits of your own ID
December 1200
a. Compute a three-month moving average forecast of demand for April through January (of the next year).
b. Compute a five-month moving average forecast for June through January.
c. Compare the two forecasts computed in parts (a) and (b) using MAD. Which one should the dealer use for January of the next year
Answers
Answered by
0
Sorry I don’t know the answer.
Similar questions
Computer Science,
26 days ago
Computer Science,
26 days ago
Math,
9 months ago
Biology,
9 months ago