22 Sales of industrial vacuum cleaners at Overholt Supply Co. over the past 13 months were as...

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22 Sales of industrial vacuum cleaners at Overholt Supply Co. over the past 13 months were as follows:

(a) Using a moving average with three periods, determine the demand for vacuum cleaners for next February.

(b) Using a three-period weighted moving average with weights 3, 2, and 1 13 = most recent2, determine the demand for vacuum cleaners for February.

(c) Evaluate and comment on the accuracy of each of these models.

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Managerial Decision Modeling With Spreadsheets

ISBN: 9781292024196

3rd Edition

Authors: Barry Render

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Question Posted: Jul 26, 2024 04:00 PM

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22 Sales of industrial vacuum cleaners at Overholt Supply Co. over the past 13 months were as...

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Managerial Decision Modeling With Spreadsheets

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