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Business, 12.03.2020 21:21 mollycompton04

Calculate the following forecasts for time period 6 using the formulas in your lecture materials. a. Three period moving average. b. Weighted moving average using weighting factors; most recent 5 0.5, 2nd most recent 5 0.3, 3rd most recent 5 0.2. c. Single exponential smoothing using an alpha factor 5 0.3 2. Calculate the forecast accuracy using the Mean Absolute Deviation (MAD) formula. 3. Calculate the forecast accuracy using the Mean Absolute Percent Deviation (MAPE) formula

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Calculate the following forecasts for time period 6 using the formulas in your lecture materials. a....
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