Solved: Use 2 period moving average to forecast for july to nov use, Financial Management

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Use 2 period moving average to forecast for july to nov use

Question : Below are me actual sales of MB players at Just Say Mus

Month Actual Sales

March 170

April 229

May 192

June 241

July 238

August 210

September 225

October 179

a) Use 2 period moving average to forecast for July to Nov.

b) Use exponential smoothing to forecast the sales for Nov. Use α=0.3.

c) Calculate MAE for a, b.

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Financial Management: Use 2 period moving average to forecast for july to nov use

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Financial Management: Use 2 period moving average to forecast for july to nov use

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