Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip...

  
 

Transcribed Image Text:

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June This exercise contains only parts a, b, and c. a) Using a 2- onth moving average, the for ast Price Per Chip $1.85 $1.61 $1.60 $1.85 $1.90 $1.89 Month July August September October November December Price Per Chip $1.90 $1.85 $1.70 $1.60 $1.60 $1.75 periods 11 and 12 is (round your responses to two decimal places): Month Mar Apr May Jun Jul Forecast $1.73 1.61 1.73 1.88 1.90 Aug Sep 1.90 1.88 Oct Nov Dec 1.78 3 1.67 1.6 b) Using a 3-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Apr Forecast $1.69 May Jun Jul Aug Sep Oct Nov Dec 1.69 1.78 1.88 1.90 1.88 1.82 c) The mean absolute deviation based on a 2-month moving average of March through December is $ places). The mean absolute deviation based on a 3-month moving average of April through December is $ places). (round your response to three decimal (round your response to three decimal Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June This exercise contains only parts a, b, and c. a) Using a 2- onth moving average, the for ast Price Per Chip $1.85 $1.61 $1.60 $1.85 $1.90 $1.89 Month July August September October November December Price Per Chip $1.90 $1.85 $1.70 $1.60 $1.60 $1.75 periods 11 and 12 is (round your responses to two decimal places): Month Mar Apr May Jun Jul Forecast $1.73 1.61 1.73 1.88 1.90 Aug Sep 1.90 1.88 Oct Nov Dec 1.78 3 1.67 1.6 b) Using a 3-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Apr Forecast $1.69 May Jun Jul Aug Sep Oct Nov Dec 1.69 1.78 1.88 1.90 1.88 1.82 c) The mean absolute deviation based on a 2-month moving average of March through December is $ places). The mean absolute deviation based on a 3-month moving average of April through December is $ places). (round your response to three decimal (round your response to three decimal

Answer rating: 100% (QA)

a Using a 2month moving average Forecast for period 11 Nov Price per chip in Oct Price per chip in Sep 2 160 170 2 330 2 165 Forecast for period 12 De... View the full answer