ecenperod, and 1 for the thind most rcent period what is the weighed moving aver

Question

ecenperod, and 1 for the thind most rcent period what is the weighed moving avernge four (4)? most rocent period whut is the weighsod moving avernge forecast for perid Period Vals 175 190 2 220 A) 184.00 B) 204.50 C) 230.50 D) 232.00 E 20650 60. Two different forecasting techniques were used to forecast demand for cases of bottled water. Actual demand and the two forecasts are as follows. Compute the MAD for each forecast Forecasted Demand El 64 68 75 70 74 72 73 70 Which statement is true? A) The best MAD is (4) indicating F2 is the best forecasting model. B) The best MAD is (5) indicating F2 is the best forecasting model. C) The best MAD is (2) indicating FI is the best forecasting model. D) The best MAD is (3) indicating FI is the best forecasting model. E) Insufficient data to make a determination

Explanation / Answer

Answer

59) Weighted moving average for period 4 is

E) 206.50

60) D) the best MAD is (3) indicating F1 is the best forecasting model.

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