Pizza weekly demand figures provided

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Reference no: EM131804552

Weekly demand figures at Hot Pizza are as follows:

Week	Demand($)
1	108
2	116
3	118
4	124
5	96
6	119
7	96
8	102
9	112
10	102
11	92
12	91

Using the Hot Pizza weekly demand figures provided, estimate demand for Week 4 to Week 12 by using a 3-week moving average as well as simple exponential smoothing with a = 0.2. Evaluate the MAD, MAPE, MSE, bias, and TS in each case. Which of the two methods do you prefer? Why? Include all calculations as well as your narrative explanation and summary.

Reference no: EM131804552

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