WEEK 1 2 4 7 8 10 REGISTRATIONS 22 21 25 27 35 29 33 37 41 37 3.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Registration numbers for an accounting seminar over the past I 0 weeks are shown below:             a) Starting with week 2 and ending with week II, forecast registrations using the naive forecasting method.
b) Starting with week 3 and ending with week II, forecast registration using a 2-week moving average.
c) Starting with week 5 and ending with week I 1, forecast registrations using a 4-week moving average.
d) Plot the original data and the three forecasts on the same graph. Which forecast smoothes the data the most? Which forecast responds to change the best?
WEEK
1
2
4
7
8
10
REGISTRATIONS 22 21 25 27 35 29 33 37
41 37
3.
Transcribed Image Text:WEEK 1 2 4 7 8 10 REGISTRATIONS 22 21 25 27 35 29 33 37 41 37 3.
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