Question: Time PeriodDemand 1 8 6 2 8 9 3 8 4 4 8 5 5 9 2 6 8 7 7 8 8 8 8

Time
PeriodDemand186289384485592687788883986109411901292
A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop three-period and four-period moving average forecasts and answer the following questions.
Open spreadsheet
Questions
1. What is the forecast for the 13th period based on the three-period moving average? Round your answer to two decimal places.
fill in the blank 2
2. What is the MSE for the three-period moving average? Round your answer to two decimal places.
fill in the blank 3
3. Choose the correct graph for the three-period moving average forecast.
The correct graph is
graph Agraph Bgraph Cgraph D
.
4 What is the forecast for the 13th period based on the four-period moving average? Round your answer to two decimal places.
fill in the blank 5
5. What is the MSE for the four-period moving average? Round your answer to two decimal places.
fill in the blank 6
6. Choose the correct graph for the four-period moving average forecast.
The correct graph is
graph Agraph Bgraph Cgraph D
.

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!