question archive Consider the sales for six consecutive weeks for Sam's Strawberries
Consider the sales for six consecutive weeks for Sam's Strawberries
Subject:ManagementPrice: Bought3
Consider the sales for six consecutive weeks for Sam's Strawberries.
The sales are in "flats" sold. Week Sales 1 16 2 18 3 14 4 10 5 20 6 22 a. Using a 3-period moving average, forecast the sales for weeks 4 through 6. b. Use exponential smoothing with ? = .3 to forecast sales for weeks 4 through 6. c. Use linear regression (time series) to develop a prediction equation that will forecast sales. Then use that prediction equation to get forecasts for weeks 4 through 6. d. Use MAD to pick the best forecasting method of A through C
