[Steps Shown] Sales of storage bins at Bud’s Discount Store over the past eight years are shown below. Year Unit Sales 1 100 2 93 3 96 4 110 5 124 6 119 7

Question: Sales of storage bins at Bud’s Discount Store over the past eight years are shown below.

Year	Unit Sales
1	100
2	93
3	96
4	110
5	124
6	119
7	92
8	101

Find the forecast and the MAPE for year 9 using:

a 3-year moving average.
a 3-year weighted moving average with weights of .6 (most recent), .3, and .1.
Exponential smoothing with an alpha of .75 and a starting forecast for year 1 of 90.
Ehe naive method.

b) Which forecasting method is preferable using MAPE?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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[Steps Shown] Sales of storage bins at Bud’s Discount Store over the past eight years are shown below. Year Unit Sales 1 100 2 93 3 96 4 110 5 124 6 119 7

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