Course Solutions Uncategorized Complete Following Error Summary Table Three Forecasts Comment Results Identify Forecast M Q34185449

Complete Following Error Summary Table Three Forecasts Comment Results Identify Forecast M Q34185449

  1. Complete the following error summary table of the threeforecasts, and then comment on the results. Identify which forecastmethod you believe the company should adopt.

MAD

MSE

MAPE

three-month moving average

Exponential smoothing

Trend-adjusted exponential smoothing

Assignment 4 Actual Demand (Number of Tourists) 1042 Month Three month moving average Exponental smoothing (F) Trend Forecast includng trend Absolute Deviation 0 0 1146.651.0465 202.75725 1.59706 1197.927362 1.53284 1195.79913 1.49623 1191.241982 1.43569 1232.690489 1.83582 1304.692102 2.53748 1306.099228 2.52618 1234.206513 1.78199 1293.392525 2.35603 1196.086559 1.35941 1220.039878 1.58535 1260.956396 1.97866 1244.757785 1.79689 1162.710536 0.95844 1194.5848371.2676 1131.154086 0.62062 1127.653558 0.57941 1091.401428 0.21109 1089.998138 0.19495 1123.725507 0.53027 1114.716257 0.43488 1042 1042 1042 1042 

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