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  3. using the data set provided; make (and state) any

Using the data set provided; Make (and state) any necessary assumptions and apply the following forecast...

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General Management

Using the data set provided; Make (and state) any necessaryassumptions and apply the following forecast method to the earliesttwo years of actual data:

Three-period simple moving average

?Cumulative forecast error (CFE)

?Mean error

?Mean absolute deviation (MAD)

?Mean absolute percentage error (MAPE)

?Tracking signal

ShipmentsFasteners
Jan-17335798
Feb-17297853
Mar-17318399
Apr-17311730
May-17363876
Jun-17296832
Jul-17297513
Aug-17321144
Sep-17317677
Oct-17325487
Nov-17272937
Dec-17276282
Jan-18335439
Feb-18310514
Mar-18407754
Apr-18356169
May-18345322
Jun-18331997
Jul-18343059
Aug-18350277
Sep-18265205
Oct-18389332
Nov-18310474
Dec-18308429
Jan-19385807
Feb-19332529
Mar-19407606
Apr-19361946
May-19453432
Jun-19412892
Jul-19447359
Aug-19363769
Sep-19361232
Oct-19451421
Nov-19363724
Dec-19331619

Answer & Explanation Solved by verified expert
3.6 Ratings (696 Votes)
Three month moving average forecast is calculated by    See Answer
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