ForecastingExcel2.xlsx

Sheet1

Month Sales Moving Avg (5) Moving Avg (6) Moving Avg (7) Weighted Moving Avg
January 20
February 21
March 15
April 14
May 13
June 16
July 17
August 18
September 20
October 20
November 21
December 23
January 22
February 19
March 21
April
1. Generate as many valid forecasts as you can for a five-period moving average, a six-period moving average, a 7-period moving average,
and a weighted average forecasts with weights 0.4, 0.3, 0.2, and 0.1 for the most recent data, the next most recent data, and so forth, respectively.
2. Calculate MAD for each forecast. Insert columns as necessary.
3. Recommend a forecast and explain why that is your choice.
4. Use Excel for all calculations.