Question: Given the demand and forecast values shown in the table below, Period Demand Forecast June 520 468 495 510 August 510 521 September 489 500

Given the demand and forecast values shown in the table below, Period Demand Forecast June 520 468 495 510 August 510 521 September 489 500 July What is the forecasting value for October using 3-Month Weighted Moving Average, with a weight allocation of 0.50, 0,3 and 0.2, respectively? A. 496.5 B.511.3 0.498.3 D. 508.3 QUESTION 10 Using the data above, the forecast error for July in A. 2 B.-15 C.-2 0.15 QUESTION 11 Using the data above, the mean absoluto deviation (MAD) at the end of September is B.22.25 C. 15.28 D. 27.19

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!

QUESTION 9 Given the demand and forecast values shown in the table below, Period Demand Forecast June 520 468 495 510 August 510 September 489 500 July 521 What is the forecasting value for October...

Given the demand and forecast values shown in the table below, Period Demand Forecast June 520 468 July 495 510 August 510 521 September 489 500 What is the forecasting value for October using...

QUESTION 9 Given the demand and forecast values shown in the table below, Period Demand Forecast June 520 468 July 495 510 August 510 521 September 489 500 What is the forecasting value for October...

Given the demand and forecast values shown in the table below, Period Demand Forecast June 4 9 5 4 8 4 July 5 1 5 5 0 6 August 5 1 9 5 2 8 September 4 9 6 5 0 6 October 5 5 7 5 5 0 the mean absolute...

. Demand planning is the same as forecasting. 2. All forecasts should include two estimates: an estimate of the demand and an estimate of the forecasting error. 3. Forecasts are more accurate at the...

QUESTION 12 Given the demand and forecast values shown in the following table, Period Demand Forecast June 150 161 July 168 August 210 September 226 October 197 calculate the forecasting value for...

Given the demand and forecast values shown in the table below, Period Demand Forecast June 4 9 5 4 8 4 July 5 1 5 5 0 6 August 5 1 9 5 2 8 September 4 9 6 5 0 6 October 5 5 7 5 5 0 the forecast error...

Given the demand and forecast values shown in the table below: Period Demand Forecast June 495 484 July 515 506 August 519 528 September 496 506 October 557 550 The exponential smoothing forecast for...

Question 5 Given the demand and forecast values shown in the table below, Period Demand Forecast June 495 484 July 515 506 August 519 528 September 496 506 October 557 550 the mean absolute percent...

Value Chain and CVP analysis for Roman Cements Company (a) Key Success Factors of Roman Cements Company Roman Cements has been in operation internationally since 2005. The company is one of the...

Write and balance the chemical equation that represents nitrogen and hydrogen reacting to produce ammonia, NH3.

18. Dear Internal Revenue Service: I received a notice that my taxes are being audited for last year. But you have no right to do this. Th e deadline for fi ling a return was April 15, and I fi led...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...