You have the data on the application during the 8 consecutive year period below Wanted / Find the forecast demand for the year 2008 using the simple moving average method and on a 4-period basis the years 2000 2001 2002 2003 2004 2005 2006 2007 2008 Order quantity 24 48 50 68 60 66 70 90
You have the data on the application during the 8 consecutive year period below Wanted / Find the forecast demand for the year 2008 using the simple moving average method and on a 4-period basis the years 2000 2001 2002 2003 2004 2005 2006 2007 2008 Order quantity 24 48 50 68 60 66 70 90
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 19P: The file P13_19.xlsx contains the weekly sales of a particular brand of paper towels at a...
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Question
You have the data on the application during the 8 consecutive year period below
Wanted / Find the forecast demand for the year 2008 using the simple moving average method and on a 4-period basis
the years
2000
2001
2002
2003
2004
2005
2006
2007
2008
Order quantity
24
48
50
68
60
66
70
90
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