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I need to see all answers in Excel and complete question 3 . Using Excel to complete the following questions. You may give your answers
I need to see all answers in Excel and complete question
Using Excel to complete the following questions. You may give your answers to all of the
questions in the Excel file and upload the Excel file only to Blackboard. If so you must indicate
your answers clearly. Alternatively, you may give your answers in the Word file and upload both
the Word and Excel files to Blackboard.
Points Sales data for two years are as follows. Data are aggregated with two months of
sales in units in each "period."
a Points Plot the data.
b Points Fit a linear regression model to all the sales data.
c Points In addition to the regression model, determine multiplicative seasonal index
factors. A full cycle is assumed to be a full year.
d Points Using the results from parts b and c prepare a forecast for the next year.
Points Zeus Computer Chips Inc. used to have major contracts to produce the Centrino
type chips. Here is demand over the past quarters:
Fit a linear regression model with an additive form using dummy variables to forecast the
four quarters of
Points The demand manager of Maverick Jeans is responsible for ensuring sufficient
warehouse space for the finished jeans that come from the production plants. In order to
estimate the space requirements, the demand manager is evaluating movingaverage
forecasts. The demand in case units for the last fiscal year is shown below.
a Points Use a threemonth moving average to estimate demand forecasts for
months and generate a forecast for the first month of next year. Calculate mean
absolute deviation MAD for months
b Points Use an exponential smoothing method with a starting forecast of for
month and a smoothing constant to calculate demand forecasts for months
and forecast for the first month of next year. Calculate the MAD for months
c Points Compare the MAD for the forecasting methods in parts a and b Based on
these error calculations, which of the two forecast methods would you recommend?
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