Marianne Schwartz, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so the correct quantities of supplies that go with the cleaners. Data for the last 10 weeks are shown here. Week 2 3 4 7 8 9 10 Rentals 20 20 34 26 21 12 21 26 19 14 a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.) Week Forecast 6
Marianne Schwartz, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so the correct quantities of supplies that go with the cleaners. Data for the last 10 weeks are shown here. Week 2 3 4 7 8 9 10 Rentals 20 20 34 26 21 12 21 26 19 14 a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.) Week Forecast 6
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
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b. The mean absolute deviation as of the end of week 10 is___ rentals enter your response here. (Enter your response rounded to two decimal places.)
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