Question: a) Using a 2-year moving average, the forecast for year 6 miles fround your response to the neerest wholo number) b) If a 2 -year

 a) Using a 2-year moving average, the forecast for year 6

a) Using a 2-year moving average, the forecast for year 6 miles fround your response to the neerest wholo number) b) If a 2 -year moving average is used to make the forecast the MAD based on this = miles (round your nesponse to one decimal place). (Pint: You will have anly 3 yours of matched data) c) The forecast for yoar 6 using a weighted 2year moving average with weights of 0.45 and 0.55 (the weight of 0.55 is for the most recent penod) = whole number). miles fround your response to the nearest The MAD for the forecast developed using a weighted 2-year moving avorage with weights of 0.45 and 0.55= miles (round your response fo one clecimal ploce). (Pint: You wal have onty 3 years of manched data)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!