Question: Excel Online Structured Activity: Moving Average Forecast Consider the demand for some product over the last 12 periods. The data has been collected in the
Excel Online Structured Activity: Moving Average Forecast
Consider the demand for some product over the last 12 periods. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the four-period moving average forecast and answer the following questions.
Open spreadsheet
| Moving Average Forecast (4 periods) | ||||||||||||||
| Use the area below to draw a line chart for the four-period moving average. | ||||||||||||||
| Period | Actual Demand | Forecast | Formulas | |||||||||||
| 1 | 1,700 | |||||||||||||
| 2 | 2,300 | |||||||||||||
| 3 | 2,100 | |||||||||||||
| 4 | 1,200 | |||||||||||||
| 5 | 2,600 | #N/A | ||||||||||||
| 6 | 3,600 | #N/A | ||||||||||||
| 7 | 3,300 | #N/A | ||||||||||||
| 8 | 3,200 | #N/A | ||||||||||||
| 9 | 4,300 | #N/A | ||||||||||||
| 10 | 4,700 | #N/A | ||||||||||||
| 11 | 4,300 | #N/A | ||||||||||||
| 12 | 4,600 | #N/A | ||||||||||||
| 13 | #N/A | |||||||||||||
Questions
1. Calculate the forecast for the periods from 5 to 13 using a four-period simple moving average. Do not round intermediate calculations. Round your answers to the nearest whole number.
Period Forecast
5
6
7
8
9
10
11
12
13
Step by Step Solution
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