Question: Question 4 1 pts Given the demand below, compute a 4-period weighted moving average forecast for period 5 using a weight of 0.25 for the

Question 4 1 pts Given the demand below, compute

Question 4 1 pts Given the demand below, compute a 4-period weighted moving average forecast for period 5 using a weight of 0.25 for the most recent period, 0.25 for the next, and 0.25 for the next. Choose the correct statement Period Demand 1 42 2 41 3 43 , 4 41 5 41 This forecast overestimates the demand of period 5. This forecast is more responsive than the 4-period moving average forecast. This forecast is smoother than the 4-period moving average forecast. This forecast is more sensitive than the 4-period moving average forecast. Question 5 1 pts Given the demand below, compute a 3-period weighted moving average forecast for period 6 using a weight of 0.3 for the most recent period, and 0.3 for the next. Choose the correct statement. Period Demand 1 42 NI 2 40 3 43 4 40 5 41 This forecast is not smoother than the 3-period moving average forecast. This forecast is less responsive than the 3-period moving average forecast. This forecast is equal to the 3-period moving average forecast since its weights are equal to each other. This forecast is more sensitive than the 3-period moving average forecast

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!