MBA 6012 Week 2 Assignment 2 Forecasting Updated
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MBA 6012 Week 2 Assignment 2 Forecasting Updated
Computed the forecasts for 3Q 2010, 4Q 2010, and 1Q 2011
Using the three quarter moving average.
Computed the forecasts for 3Q 2010, 4Q 2010, and 1Q 2011
Using exponential smoothing with a smoothing factor of 0.6.
Computed the forecasts for all quarters of 2010 using the three
Quarter weighted moving average, with the most recent data
Weighted at 0.5, the second-most recent data weighted at 0.35,
And the third-most recent data weighted at 0.15.
Correctly identified what forecasting techniques are being used
for 2008 and the first two quarters of 2009.
Computed forecasting errors using the exponential smoothing
Technique and the weighted smoothing average method.
Analyzed which technique provides the most accurate forecast
For your company and justified your response with appropriate
Reasoning.