Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Using seasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for JanuaryofYear 4? 2. Usingseasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for FebruaryofYear4? 3. Usingseasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for March ofYear 4? 4. WhatistheMADoverYear3whenyouusedseasonalizedforecastinginquestion 1-3?
1. Using seasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for JanuaryofYear 4?
2. Usingseasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for FebruaryofYear4?
3. Usingseasonalizedtimeseriesanalysis, andassumingmonthly seasons,whatistheforecast for March ofYear 4?
4. WhatistheMADoverYear3whenyouusedseasonalizedforecastinginquestion 1-3?
Actual | ||
Period | Month | Demand |
Year 1 | Jan | 4.9 |
Year 1 | Feb | 6.1 |
Year 1 | Mar | 7.5 |
Year 1 | Apr | 7.4 |
Year 1 | May | 5.2 |
Year 1 | Jun | 5.3 |
Year 1 | Jul | 5.6 |
Year 1 | Aug | 7.1 |
Year 1 | Sep | 8 |
Year 1 | Oct | 6.7 |
Year 1 | Nov | 8.2 |
Year 1 | Dec | 7.5 |
Year 2 | Jan | 5.1 |
Year 2 | Feb | 6.3 |
Year 2 | Mar | 7.9 |
Year 2 | Apr | 8 |
Year 2 | May | 5.5 |
Year 2 | Jun | 5.9 |
Year 2 | Jul | 6.3 |
Year 2 | Aug | 7.7 |
Year 2 | Sep | 8.5 |
Year 2 | Oct | 7.1 |
Year 2 | Nov | 8.9 |
Year 2 | Dec | 8.7 |
Year 3 | Jan | 5.4 |
Year 3 | Feb | 7.5 |
Year 3 | Mar | 8.2 |
Year 3 | Apr | 8.7 |
Year 3 | May | 6.1 |
Year 3 | Jun | 6.3 |
Year 3 | Jul | 6.9 |
Year 3 | Aug | 8.5 |
Year 3 | Sep | 9 |
Year 3 | Oct | 8.1 |
Year 3 | Nov | 10.2 |
Year 3 | Dec | 9.5 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started