Demand for the last four months was:
(i)Predict demand for July using each of these methods:
(1)a 3-period moving average
(2)exponential smoothing with alpha equal to .20
(ii)If the naive approach had been used to predict demand for April through June,what would MAD have been for those months?
11eab92b_c4ad_5f76_99e6_831dafbfb9c6

Question

Demand for the last four months was:
  (i)Predict demand for July using each of these methods:
(1)a 3-period moving average
(2)exponential smoothing with alpha equal to .20
(ii)If the naive approach had been used to predict demand for April through June,what would MAD have been for those months?
 11eab92b_c4ad_5f76_99e6_831dafbfb9c6

Quizplus · Accepted Answer

The Answer of Demand for the last four months was:
  (i)Predict demand for July using each of these methods:
(1)a 3-period moving average
(2)exponential smoothing with alpha equal to .20
(ii)If the naive approach had been used to predict demand for April through June,what would MAD have been for those months?
 11eab92b_c4ad_5f76_99e6_831dafbfb9c6

Demand for the Last Four Months Was