The file P14_19.xlsxcontains the weekly sales of a particular brand of paper towels at a supermarket for

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The file P14_19.xlsxcontains the weekly sales of a particular brand of paper towels at a supermarket for a one-year period.

a. Using a span of 3, forecast the sales of this product for the next 10 weeks with the moving averages method. How well does this method with span 3 forecast the known observations in this series?

b. Repeat part a with a span of 10.

c. Which of these two spans appears to be more appropriate? Justify your choice.

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Practical Management Science

ISBN: 1497

5th Edition

Authors: Wayne L. Winston, Christian Albright

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Question Posted: Nov 09, 2018 06:37 AM

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The file P14_19.xlsxcontains the weekly sales of a particular brand of paper towels at a supermarket for

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Weekly sales of paper towels Week Rolls sold 1 603 2 461 3 544 4 385 5 579 6 617 7 464 8 529 9 531 10 540 11 533 12 491 13 493 14 506 15 568 16 451 17 526 18 482 19 502 20 373 21 524 22 513 23 446 24 ...View the full answer

Practical Management Science

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