Question: Based on the following data for the past 1 0 months, the operation manager of the company wants to be certain that enough cars are
Based on the following data for the past months, the operation manager of the company wants to be certain that enough cars are available to deliver orders.
tableMonthJan.,Feb.,Mar.,Apr.,May.,Jun.,Jul.,Aug.,Sep.,Oct.Orders
Plot the above data
Compute the demand forecast for Aug. through Oct using a threemonth weighted moving average. Use weights of and with the heavier weights in recent months.
Compute the demand forecast for Aug. through Oct. Use MONTH MOVING AVERAGE
Which Method is much better? Why
Given and by using the Moving Average method the Do you agree or disagree to use it next time? Why
Which Methods can be used to forecast December car sales?
Explain. between the Car Sales and the advertising fees is
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