A manufacturer has experienced the following monthly demand for one of their products
Month Actual Demand (in cases)
Using below forecasters which would be the "best" to use for this manuf?
a. 3 month moving average
b. 2 month moving average
c. linear regression
d. exponential smoothing (.3)
e. exponential smoothing (.8)
Identify the MSE and the next period forecast.© BrainMass Inc. brainmass.com October 16, 2018, 9:01 pm ad1c9bdddf
This posting provides forecasting of demand using different methods including moving average, linear regression and exponential smoothing.
Compare and Contrast forecasting methods
Compare and contrast forecasting methods (e.g. seasonal, Delphi, technological, time series). Explain how a 'Cable TV Company' uses one or more of these methods to forecast demand under conditions of uncertainty. Please do not use the short answer method; use the long answer method instead. Thank you.View Full Posting Details