MBA 6012 Week 2 Assignment 2 Forecasting Recent

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MBA 6012 Week 2 Assignment 2 Forecasting Recent

Computed the forecasts for 3Q 2010, 4Q 2010, and 1Q 2011

Using the three quarter moving average.

Computed the forecasts for 3Q 2010, 4Q 2010, and 1Q 2011

Using exponential smoothing with a smoothing factor of 0.6.

Computed the forecasts for all quarters of 2010 using the three

Quarter weighted moving average, with the most recent data

Weighted at 0.5, the second-most recent data weighted at 0.35,

And the third-most recent data weighted at 0.15.

Correctly identified what forecasting techniques are being used

for 2008 and the first two quarters of 2009.

Computed forecasting errors using the exponential smoothing

Technique and the weighted smoothing average method.

Analyzed which technique provides the most accurate forecast

For your company and justified your response with appropriate

Reasoning.