Question: Demand and previous forecasts have been as shown in the table. Month Jan Feb Mar Apr May Jun Jul Aug Sep A 3 0 4

Demand and previous forecasts have been as shown in the table.

Month Jan Feb Mar Apr May Jun Jul Aug Sep

304 306 320 322 350 340 312 318 318

306 308 320 321 315 330 334 327 328

What is the forecast for October if four month weighted moving average is used? All months have the same weight except the newest month which has double the weight of each of the others.

317

319

321

323

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!

May 1 Issued Check Number 3410 to S&P Management Company in payment of the May rent for $3,850. Charge $2,996 to Rent ExpenseSelling Space, and charge $854 to Rent ExpenseOffice Space. (Use two...

This assigned project aims to enable a student analyzes the given quantitative information, use mathematical models/formulas taught in a class to solve a set of connected questions of some topics...

#1 describe your observations of table. #2 as a manager of the cost center, what actions would you consider after viewing the line graphs from table one and table 2. Driver Over Time Cost 300,000...

Tons of timber used Month Jan Feb Mar Mai Jun Jul Aug Sep Okt Des 13 16 17 15 18 15 14 15 14 18 11 Question 2 (25%): "Oakman" is a wooden furniture manufacturer. The Excel file namely...

########### Need Step by Step Answers Suppose that you are the consultant hired by a manufacturing company to design a suitable inventory management strategy for its Alloy #1 products for determining...

Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The...

3. JAN FEB MAR APR JUN JUL AUG SEP OCT NOV DEC 2017 + 0 0 4 10 15 217 9 12 10 14 8 12 206 MAY 7 16 197 8 9 0 1 5 0 1 0 1 2 1 H/C 214 210 196 195 194 192 197 200 201 2018 + 12 12 0 15 10 206 14 10 213...

Please help understand and answer the 4 questions, thank you This assigned project aims to enable a student analyzes the given quantitative information, use mathematical models/formulas taught in a...

The monthly Sales in your shop for Type CRO2 Batteries for last year were as follows: Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 20 115 Sales 14 13 18 20 20 21 23 21 16 17 In the month of...

Forecast Analysis I computed the monthly forecast for February through December of year t using the nave method, a three-month moving average, a five month moving average, and a three-month weighted...

Old MathJax webview QUESTION 7 MiCon (Pty) Ltd is into office stationery business. From historical data of stationery demand, going back the past 10 months, the following table has been drawn up :...

Determine how did the company comply with principles of corporate governance as indicated below. The rule I: Construct a Balanced Board Rule II: Establish Appropriate Roles and Responsibilities Rule...

Assume that the Monroes want to invest $10,000. They decide to invest $7,000 in Portfolio A with the remainder in the S&P 500. Changes in the S&P 500 account for 25% of the returns for...

Stan, Incorporated has preferred stock. Outstanding sells for $ 1 0 6 . 1 7 per share.if they required return is 3 . 9 8 % , what is the annual dividend?

omb: file format elf 6 4 - x 8 6 - 6 4 Disassembly of section . init: 0 0 0 0 0 0 0 0 0 0 4 0 1 0 0 0 : 4 0 1 0 0 0 : f 3 0 f 1 e fa endbr 6 4 4 0 1 0 0 4 : 4 8 8 3 ec 0 8 sub $ 0 x 8 , %...