Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the demand for some product over the last 1 2 periods. The weights of 0 . 5 , 0 . 2 , 0 .

Consider the demand for some product over the last 12 periods. The weights of 0.5,0.2,0.2, and 0.1 are assigned to the most recent, second most recent, third most recent, and fourth most recent periods, respectively. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the four-period weighted moving average forecast and answer the following questions.
Open spreadsheet
Questions
1. Calculate the forecast for the periods from 5 to 13 using a four-period weighted moving average. Do not round intermediate calculations. Round your answers to the nearest whole number.
Period Forecast
5 fill in the blank 2
6 fill in the blank 3
7 fill in the blank 4
8 fill in the blank 5
9 fill in the blank 6
10 fill in the blank 7
11 fill in the blank 8
12 fill in the blank 9
13 fill in the blank 10
2. Choose the correct graph for the four-period weighted moving average forecast.
The correct graph is .
A.
B.
C.
D.

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_2

Step: 3

blur-text-image_3

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

Operations Management Sustainability And Supply Chain Management

Authors: Jay Heizer, Barry Render, Chuck Munson

14th Edition

0137476442, 978-0137476442

More Books

Students also viewed these General Management questions