Question

if you got 3months Moving averages,3Months wighted moving averages and exponential smoothing for sales then on the basis of MAD which model will u recomended?

Answer 1

I will recommend exponential smoothing because I feel that exponential smoothing provides better result because it is actually done based on all the data provided involving the data for the initial time period till the final time period and each every forecast that we receive has relationship with the previous data actual and the forecasted data as well. I believe that this approach provides a better and defined value than the 3months Moving averages and 3Months weighted moving averages.