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Using simple moving averages and the following time series data, respond to each of the items. 1 130 2 122 3 121 4 112 5

Using simple moving averages and the following time series data, respond to each of the items.

1 130
2 122
3 121
4 112
5 141
6 105
7 118
8 118
9 142
10 125

b. Compute all possible forecasts using a six-period simple moving average model. (Round your answers to 1 decimal place.)

Period Demand 6-Period SMA Absolute Error
1 130
2 122
3 121
4 112
5 141
6 105
7 118
8 118
9 142
10 125
11

c. Compute the MAD. (Round your answer to 1 decimal place.)

d. What is the forecast demand for period 11? (Round your answer to 1 decimal place.)

e. What is the error associated with the eleventh-period forecast? (Round your answer to 1 decimal place.)

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