A Study of Time Series Model for Predicting Jute Yarn Demand: Case Study

Table 1

Forecasting errors under SMA method.

Length of average in weeks	MAPE	MAD	MSD
2MA	8.3	70.5	19431.2
3MA	10.8	91.4	24473.3
4MA	13.2	112.1	29783.9
5MA	14.1	121.9	32376.7
6MA	14.7	127.5	33504.7
7MA	15	131.1	33920.3
8MA	15.1	133.2	33976.4
9MA	15.3	135	33949.8
10MA	15.1	134.7	33797.7
11MA	15	133.5	33577.2
12MA	14.7	131.4	33334.6
13MA	14.4	129.6	33163.5
14MA	14.2	128.9	33243.4
15MA	14.3	129.8	33645.2