Use the following Sales Data to  a) Develop a 4-month moving average forecast, a forecast for January, and compute the MAD.    b)Develop 3-month moving average forecast, a forecast for January,  and calculate a MAD.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
Problem 2AGP
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Use the following Sales Data to 

  1. a) Develop a 4-month moving average forecast, a forecast for January, and compute the MAD. 

 

b)Develop 3-month moving average forecast, a forecast for January,  and calculate a MAD. 

 

  1. c)  Which model should be used in the future?  Explain why this is your answer.
Month Actual Shed Sales
January 10
February 12
March 13
April 16
May 19
June 23
July 26
August 30
September 28
October 18
November 16
December 14
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