Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compute the Simple Average for July, August, September Compute the 4 month simple moving average for July, Aug, Sep Compute the weighted moving average


  

Compute the Simple Average for July, August, September Compute the 4 month simple moving average for July, Aug, Sep Compute the weighted moving average for July using the weights of 50%, 30% and 20%. The heaviest weights should be on the more recent months. WMA for July: 398 Apr May Jun Jul Compute the weighted moving average for August using the weights of 7, 5, and 3 with lighter weights on the more 417 WMA for Aug: May Jun July Aug Forecasting Sheet #1 2022 Month Demand Average SMA WMA Smoothing Jan. 240 Feb. 400 Mar 380 Apr 340 May 350 Jun 450 Jul 520 ? ? Aug 550 ? ? 2.2. ? ? Sep 680 ? ? Oct *** 2222. ? ? ? ?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistical Techniques In Business And Economics

Authors: Douglas Lind, William Marchal

16th Edition

78020522, 978-0078020520

More Books

Students also viewed these Economics questions

Question

16-2 Explain the basic facts about safety law and OSHA.

Answered: 1 week ago