Compute a three and five month moving average for the last, Ask an Expert

Management Studies

I. The monthly sales for Telco Batteries Inc., were as follows:
Month Sales
1 9
2 7
3 10
4 8
5 7
6 12
7 10
8 11
9 12
10 10
11 14
12 16

a) Compute a three and five month moving average for the last 6 months of historical data (months 6 thru 12).
b) Determine which of these forecasts are more accurate using the concept of MAD.

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Operation Management, Management Studies

Category:- Operation Management
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