Answer the following questions using the data from the Excel file chlorine. xlsx described in Problem 16.32.

Question:

From Exercise

a. Forecast the tons of chlorine shipped each day next week using multiplicative decomposition.

b. Interpret the meaning of the seasonal components.

c. Calculate the MAD for this forecast.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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Question Posted: Jul 29, 2015 03:32 AM

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Answer the following questions using the data from the Excel file chlorine. xlsx described in Problem 16.32.

Question:

av Monday Tuesday Wednesday 136 Thursday Friday Tons per Day Shipped Week 1Week 2 Week 3 168 130 122 128 160 154 127 116 138 152 130 147 192

Step by Step Answer:

a 5Period Ratio to Tons Moving Moving Period Season y t Average Average 1 MonWeek1 177 2 TueWeek1 130 3 WedWeek1 136 1564 08696 4 ThuWeek1 147 1546 09...View the full answer

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