Question: Chapter 09 Homework: Forecasting and Demand Planning Questions Problem 9-39 Algo (Statistical Forecasting Models) Question 4 of 2. Check My Work ( 1 remaining) 3.


Chapter 09 Homework: Forecasting and Demand Planning Questions Problem 9-39 Algo (Statistical Forecasting Models) Question 4 of 2. Check My Work ( 1 remaining) 3. 4. A restaurant wants to forecast its weekly sales. Historical data (in dollars) for fifteen weeks are shown below. Use Excel and the Moving Average template to answer the following questions. a. Plot the data and provide insights about the time series. The correct graph is b. What is the forecast for week 16 , using a two-period moving average? Round your answer to the nearest cent. $ C. What is the forecast for week 16 , using a three-period moving average? Round your answer to the nearest cent. $ d. Compute MSE for the two- and three-period moving average models to determine the best model. Do not round intermediate calculations. Round your answers to two decimal places. The moving average is a better model. Chapter 09 Homework: Forecasting and Demand Planning Questions Problem 9-39 Algo (Statistical Forecasting Models) Question 4 of 2. Check My Work ( 1 remaining) 3. 4. A restaurant wants to forecast its weekly sales. Historical data (in dollars) for fifteen weeks are shown below. Use Excel and the Moving Average template to answer the following questions. a. Plot the data and provide insights about the time series. The correct graph is b. What is the forecast for week 16 , using a two-period moving average? Round your answer to the nearest cent. $ C. What is the forecast for week 16 , using a three-period moving average? Round your answer to the nearest cent. $ d. Compute MSE for the two- and three-period moving average models to determine the best model. Do not round intermediate calculations. Round your answers to two decimal places. The moving average is a better model
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