Question: Given the following data, Month Data 1 68 2 66 3 70 4 81 5 83 1. Compute the 3-period moving average forecast for month

Given the following data,

Month Data
1 68
2 66
3 70
4 81
5 83

1. Compute the 3-period moving average forecast for month 6. (It is equal to the 3-period moving average in month 5.) The potential answers are:

A: 79

B: 86

C: 80

D: 78

E: 88

2. Compute the 2-period moving average forecast for month 3. The potential answers are:

A: 77

B: 77.5

C: 79

D: 67

E: 101

3. Compute the 2-period moving average forecast for all possible months. Then compute MAD in month 5 for the 2-period moving average. The potential answers are:

A: 8.5

B: 9

C: 7.8

D: 5

E: 4.7

4. Compute the Tracking-Signal in month 5 for a 2-period moving average.

The potential answers are:

A: -0.3

B: 3

C: 0.4

D: 4

E: -1.9

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!