University Of Missouri St. Louis Operations And Supply Chain Management Assignment Help - forecasting

Question - An analyst would like to determine whether there is a pattern to earnings per share for the Price
Company, which operated a wholesale/retail cash-and-carry business in several states under the
name Price Club. The data are shown in Table P=20. Describe any patterns that exist in these
data....... TABLE P-20= Quarterly Earnings per Share for Price Club: 1986-1993
Quarter........YR.1986- Quarter 1= 0.40...... Quarter 2= 0.29....... Quarter 3= 0.24............ Quarter 4=
0.32..... YR 1987- Q1= 0.47....... Q2= 0.34........ Q3= 0.30 ............ Q4= 0.39......... Yr. 1988-Q1=
0.63........ Q2=0.43.......... Q3= 0.38...... Q4= 0.49........ YR 1989- Q1= 0.76..... Q2= 0.51......... Q3=
0.42........... Q4= 0.61..... Yr. 1990- Q1= 0.86...... Q ...Read More 2= 0.51 ......... Q3= 0.47........ Q4= 0.63.......... Yr
1991- Q1= 0.94.....Q2= 0.56.....Q3= 0.50 ........Q4=0.65 ....... Yr 1992- Q1=0.95.......Q2= 0.42............
Q3= 0.57......... Q4=0.60.......Yr 1993- Q1=0.93........Q2= 0.38..... Q3- 0.37 .......Q4= 0.57....... A.) Find
the forecast value of hte quarterly earnings per share for Price Club for each quarter by using the
naive approach (i.e. the forecast for first-quarter 1987 is the value for the fourth-quarter 1986,
.32).........B.) Evaluate the naive forecast using MAD......C.) Evaluate the naive forecast using MSE
and RMSE......... D.) Evaluate the naive forecast using MAPE.......E.) Evaluate the naive forecast
using MPE.......F.)write a memo summarizing your findings........ PLEASE explain how to come to
each conclusion not just answers ...Read Less

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