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Forecasting Part 1 - Practice

The document describes different forecasting methods including moving average, weighted moving average, exponential smoothing, and exponential smoothing with trend adjustment. It provides sales data over several quarters and calculates forecasts using the different methods.

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Linh Huỳnh
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20 views2 pages

Forecasting Part 1 - Practice

The document describes different forecasting methods including moving average, weighted moving average, exponential smoothing, and exponential smoothing with trend adjustment. It provides sales data over several quarters and calculates forecasts using the different methods.

Uploaded by

Linh Huỳnh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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(2) Weighted

(4) Exp.
(1) Moving Moving Exponential Smoothing
(3) Smoothed Smoothing
Periods Sales Average Average (α=0.3) (unadjusted
Trend T (β=0.7) with Trend
(n=2) (w1=1; forecast value)
Adjustment.
w2=2)

230 (random starting


Q1/2017 236     0 230
point)

231.8= 230+0.3*(236- 1.3= 0*(1-


Q2/2017 189     233.1 = 1.3+231.8
230) 0.7)+0.7*(231.8-230)

212.5 = 204.7= (2*189+


Q3/2017 245
(236+189)/2 1*236)/3

Q4/2017 208

Q1/2018 245

Q2/2018 199

Q3/2018 253

Q4/2018 213

Q1/2019 267

Q2/2019 210

Q3/2019 273
Q4/2019 234

Q1/2020  

MAD =  

MSE =  

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