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QUESTION
Weekly demand figures at Hot Pizza are as follows:
Weekly demand figures at Hot Pizza are as follows:
WeekDemand ($)
1 108
2 116
3 118
4 124
5 96
6 119
7 96
8 102
9 112
10 102
11 92
12 91
Using the Hot Pizza weekly demand figures provided, estimate demand for the next 3 weeks using a 3-week moving average as well as simple exponential smoothing with α = 0.2MADMAPEMSEbiasTSWhich of the two methods do you prefer? Why? Include all calculations as well as your narrative explanation and summary.WHICH YOU DON'T HAVE TO WRITE COMPLETELYBUT
Topic: Student’s Name: Professor’s Name: Forecasting alludes to the way toward foreseeing the future utilizing present and pastinformation. The procedure gives data with respect to the...