Based on the following data for the past 10 months, the operation manager of the company wants to be certain that enough cars are available to deliver orders Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Orders 120 90 100 75 110 50 75 130 110 90 Plot the above data Compute the demand forecast for Aug through Oct using a three month weighted moving average Use weights of 0 5, 0 17 and 0 33, with the heavier weights on the more recent months Compute the demand forecast for Aug through Oct using a three month weighted moving average Use three month moving average Which Method is much better Why Given TS 2 by using 2MA method Do you agree or disagree to use it next time Why Which Methods can be used to Forecast November car sales Explain R between the Car Sales and the advertising fees is 80

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Question: Based on the following data for the past 10 months, the operation manager of the company wants to be certain that enough cars are available

Based on the following data for the past 10 months, the operation manager of the company wants to be certain that enough cars are available to deliver orders.

Month	Jan.	Feb.	Mar.	Apr.	May.	Jun.	Jul.	Aug.	Sep.	Oct.
Orders	120	90	100	75	110	50	75	130	110	90

Plot the above data
Compute the demand forecast for Aug. through Oct using a three month weighted moving average. Use weights of 0.5, 0.17.and 0.33, with the heavier weights on the more recent months.
Compute the demand forecast for Aug. through Oct using a three month weighted moving average. Use three month moving average
Which Method is much better? Why
Given TS 2 by using 2MA method? Do you agree or disagree to use it next time? Why
Which Methods can be used to Forecast November car sales ?
Explain. R between the Car Sales and the advertising fees is .80

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