Use the following sales data: Week Sales 1 30 2 35 3 56 4 85 5 95 6 45 7 65 8 74 9 73 10 39 Use naive method, a three-period moving average and exponential smoothing with an a=0.35 for forecast sales...


Use the following sales data:


Week           Sales


1                     30


2                     35


3                     56


4                     85


5                     95


6                     45


7                     65


8                     74


9                     73


10                   39


Use naive method, a three-period moving average and exponential smoothing with an a=0.35 for forecast sales


Compare the forecasts using MSE and MAD. Explain which one is the best.


Make a forecast for weeks 11 and week 12 by using the optimal method.





Jun 10, 2022
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