Question: If the forecast for September is based on the data series below and the forecast for September is 19, then which forecasting method was used?

If the forecast for September is based on the data series below and the forecast for September is 19, then which forecasting method was used?

January February March April May June July August
18 21 20 22 21 20 21 17

Moving average (n = 2)

Moving average (n = 3)

Averaging

Last value

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!

Q:

Question 24 6 pts If the forecast for September is based on the data series below and the forecast for September is 19, then which forecasting method was used? January February March April May June...

Q:

pls answer within 1 hour, will upvote instantly once all questions are solved thank yoo! D Question 8 If it took 2000 hours to produce the first unit of a product, and the learning curve is 75%, how...

Q:

Fill in all the missing data for 3 7 ( a ) . reported the following monthly cost data related to production equipment (this is the same data as the previous exercise): Reporting Period (Month) Total...

Q:

explain answers pleasee P3: Dynabase Tool has fore-cast its total funds requirements for the coming year as shown in the following table Month Amount Month Amount January February March April May...

Q:

Very confused on this can somebody go through it and show how to do it ? 2020-badm275-HW3-Forecasting File Edit View Insert Format Tools Add-ons Help Accessibility E A Share B Last edit was made 7...

Q:

Sales Data 2019 800 725 630 2020 750 710 800 840 870 Month January February March April May June July August September October November December 500 645 690 730 610 Linear Trend Line Forecasts Month...

Q:

4 5 M N B 9 10 11 12 13 14 15 16 17 18 19 20 21 22 P6-6B. Least Squares Regression Analysis The management of Digger Inc., is trying to develop a cost formula for its major manufacturing overhead...

Q:

A motorcycle dealer in the Ottawa area wants to be able to accurately forecast the demand for the Super Hog motorcycle during the next month. From sales records, the dealer has accumulated the data...

Q:

B D E H M N 1 Chapter 10: Forecasting 2 3 Assignment 1 of 3: How many lawn mowers will I sell next year? 5 Do 770 Refer to the LawnKing Case study in Part Seven of the text, with the updated data...

Q:

Tina's Fine Juices is a bottle of orange juice located in the Northeast. The company produces bottled orange juice from fruit concentrate purchased from suppliers in Florida, Arizona, and California....

Q:

In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market price of $10.80 per share. GE also had cash of $48 billion, and total...

Q:

Select the following statements that accurately describesactinobacterial exospores. ( check all that apply. -Actinobacterial exospores are often formed above the substratesurface so they are more...

Q:

Twa stocks, A and B , possess the following characteristics. betastandard deviationstock A stock BWhich statement Is correct? 1 . 2 5 0 . 1 8 1 . 2 0 0 . 1 9 4 5 Multiple CholceStock B has the...

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...