Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using simple moving averages and the following time series data, respond to each of the items. Period Demand 130 122 121 112 141 109 116

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Using simple moving averages and the following time series data, respond to each of the items. Period Demand 130 122 121 112 141 109 116 118 142 125 Click here for the Excel Data File b. Compute all possible forecasts using a six-period simple moving average model. (Round your answers to 1 decimal place.)e. What is the error associated with the eleventhperiod forecast? (Round your answer to 1 decimal place.) 6 Answer is complete but not entirely correct. 7.? 6 c. Compute the MAD. {Round your answer to 1 decimal place.) 6 Answer is complete but not entirely correct. cl. What is the forecast demand for period 11? {Round your answer to 1 decimal place.) 0 Answer is complete and correct. b. Compute all possible forecasts using a sixperiod simple moving average model. {Round your answers to 1 decimal place.) 6 Answer is complete but not entirely correct. 1 130 0.0 o 0.0 o 2 122 0.0 o 0.0 Q 3 121 0.0 o 0.0 Q 4 112 0.0 o 0.0 Q 5 141 0.0 o 0.0 o 5 109 0.0 o 0.0 Q 7 116 121.8 6 3.8 9 8 113 120.2 0 2.2 Q 9 142 110.5 0 22.5 o 10 125 123.0 0 2.0 Q 11 125.2 0 0 0

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

Precalculus, Enhanced WebAssign Edition

Authors: James Stewart

6th Edition

1285499948, 9781285499949

More Books

Students also viewed these Mathematics questions

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago