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Question 1: This question consists of two sections. Section A, and Section B.Section A:The last seve

Question 1: This question consists of two sections. Section A, and Section B.Section A:The last seven weeks of demand at a new car dealer are shown below. Use a three-period moving average forecast to determine a forecast for the 3rd to 8th week (Round all forecasts to the nearest whole unit.). Also calculate the MAD/MSE?Week Sales 1 25 2 30 3 27 4 31 5 27 6 29 7 30Section B:The department manager wants you to forecast sales of toasters. The data available is given below.Use naïve forecast to predict the demand through February to December.Use exponential smoothing to predict December’s forecast. Assume November’s forecast to be 55 and a=.6.MonthUnit SalesForecastJanuary52February61March73April79May66June51July47August44September30October55November74December125

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The post Question 1: This question consists of two sections. Section A, and Section B.Section A:The last seve appeared first on Lion Essays.


Question 1: This question consists of two sections. Section A, and Section B.Section A:The last seve was first posted on November 30, 2020 at 4:25 pm.
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