The owner of an equipment rental service has recorded the following rentals each week: pictureClick...
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The owner of an equipment rental service has recorded the following rentals each week: pictureClick here for the Excel Data File a. Use a three-week moving average to forecast sales for each of the weeks 4 through 9. (Round your answers to 2 decimal places.) b. Use a four-week moving average to forecast sales for each of the weeks 5 through 9. (Round your answers to 2 decimal places.) b. Use a four-week moving average to forecast sales for each of the weeks 5 through 9. (Round your answers to 2 decimal places.) c. Using error data from only Periods 5-8 for both forecast methods, which forecast method would you recommend based on the MAD measure? 3 week moving average 4 week moving average
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The owner of an equipment rental service has recorded the following rentals each week: pictureClick here for the Excel Data File a. Use a three-week moving average to forecast sales for each of the weeks 4 through 9. (Round your answers to 2 decimal places.) b. Use a four-week moving average to forecast sales for each of the weeks 5 through 9. (Round your answers to 2 decimal places.) b. Use a four-week moving average to forecast sales for each of the weeks 5 through 9. (Round your answers to 2 decimal places.) c. Using error data from only Periods 5-8 for both forecast methods, which forecast method would you recommend based on the MAD measure? 3 week moving average 4 week moving average 