Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

HEllo! I need help with #1&2 Excel Online Activity: Moving Average A retail store records customer demand during each sales period. The data has been

HEllo! I need help with #1&2

image text in transcribedimage text in transcribed
Excel Online Activity: Moving Average A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online le below. Use the Microsoft Excel Online le below to develop three-period and four-period moving average forecasts and answer the following questions. Open spreadsheet Questions 1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places. 13.48 0 2. What is the MSE for the three-period moving average? Round your answer to two decimal places. 13.48 0 3. Choose the correct graph for the three-period moving average forecast. The correct graph is graphA v 9 , I C D E F G H B Moving Average Forecasting AWNE Periods in moving average 3 Time Demand Forecast Error Error^2 Period Formulas 85 93 88 #N/A #N/A #N/A 89 #N/A #N/A VOUAWN 88 #N/A 7 11 96 #N/A #N/A #N/A #N/A #N/A #N/A 12 94 #N/A 8 85 #N/A #N/A 13 #N/A #N/A 14 9 88 #N/A 10 88 #N/A #N/A #N/A 15 16 11 84 #N/A #N/A #N/A 17 12 92 #N/A #N/A #N/A 18 Next period forecast: 13 #N/A 19 20 MSE #N/A 21 22 23 24 Periods in moving average 4 25 Time Error Error 2 26 Period Demand Forecast 27 85 28 93 29 88 30 89 #N/A #N/A #N/A 31 88 #N/A OO OO VOULAWN 32 96 #N/A #N/A #N/A 7 #N/A #N/A 33 94 34 85 #N/A #N/A #N/A 88 #N/A #N/A #N/A 35 #N/A #N/A 36 88 #N/A #N/A #N/A #N/A 37 11 84 #NIA 38 12 92 #N/A #N/A Next period forecast: 13 #N/A 39 40 #N/A 41 MSE 42 Which moving average is best? #N/A 43 44 45

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

WebAssign For Applied Calculus For The Life And Social Sciences, Enhanced Edition

Authors: Ron Larson

1st Edition

1337768197, 9781337768191

More Books

Students also viewed these Mathematics questions

Question

Define Management or What is Management?

Answered: 1 week ago

Question

What do you understand by MBO?

Answered: 1 week ago

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago

Question

Do not go, wait until I come

Answered: 1 week ago

Question

Pay him, do not wait until I sign

Answered: 1 week ago