Question: Using simple moving averages and the following time series data, respond to each of the items. Using simple moving averages and the following time series

Using simple moving averages and the following time series data, respond to each of the items.

Using simple moving averages and the following time series data, respond toeach of the items. Using simple moving averages and the following timeseries data, respond to each of the items. Period Demand 130 126

Using simple moving averages and the following time series data, respond to each of the items. Period Demand 130 126 121 QUAWN 112 141 105 116 118 142 10 125 Click here for the Excel Data File b. Compute all possible forecasts using a six-period simple moving average model. (Round your answers to 1 decimal place.) Period Demand 6-Period SMA Absolute Error 1 130 2 126 3 121 4 112 141 6 105 116 8 118 9 142 10 125 11c. Compute the MAD. (Round your answer to 1 decimal place.) MAD d. What is the forecast demand for period 11? (Round your answer to 1 decimal place.) K The forecast demand for period 11 is e. What is the error associated with the eleventh-period forecast? (Round your answer to 1 decimal place.) Error associated with the eleventh-period forecast\f

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 Accounting Questions!