Explain Week Sales 1 415 2 389 3 420 4 400 5 410 6 432 7 418 8 421 a. Forecast for the 9th week…
Explain Week Sales 1 415 2 389 3 420 4 400 5 410 6 432 7 418 8 421
a. Forecast for the 9th week using a 3-week weighted moving average, with the weights of.8.7. and 4 (8 applied to the most recent period): [Select) What is the MAPE? [Select)
b. Forecast for the 11th week using Trend analysis: Select ] What is the MAPE? (Select)
c. Using exponential smoothing with an alpha of 67, and a first period forecast of 414. What is the forecast for week 9? [Select] . What is the MAPE? Select
d. Based on the MAPE analysis, which forecasting approach should Organnons utilize? Select)