Complete the below:
Quantitative Analysis for Management Render, Stair, Hanna11th Edition
Question 1
The four-month moving average forecast for Wallace Garden Supply is ___________. (Please round it to an integer and include no units.)
A. 17
B. 18
C. 19
D. 20
Question 2
The Mean Absolute Deviation (MAD) for the above forecast is ____. (Please round it to two decimal points.)
This part of the question is based on the information from Problem 5-15.
Question 3
The three-year moving average forecast for Wallace Garden Supply is _____ (Please round it to two decimal points and include no units.)
Question 4
The Mean Absolute Deviation (MAD) for the above moving average forecast is ____. (Please round it to two decimal points.)
Question 5
The three-year weighted moving average forecast for Wallace Garden Supply is ____ . (Please round it to an integer and include no units.)
Question 6
The Mean Absolute Deviation (MAD) for the above weighted moving average forecast is _____ . (Please round it to two decimal points.)
Question 7
Based on your previous calculation, which method do you think is the best?
A. 3-year moving average.
B. 3-year weighted moving average.
Question 8
The starting /initial forecast for the sales of Cool-Man air conditioners is _________. (Please round it to an integer and include no units.)
A. 400
B. 410
C. 430
D. 450
Question 9
The Year 2 forecast for the sales of Cool-Man air conditioners is ______. (Please round it to an integer and include no units.)
Question 10
The Year 6 forecast for the sales of Cool-Man air conditioners is _____ (Please round it to two decimal points and include no units.)
Question 11
The Mean Absolute Deviation (MAD) for the above exponential smoothing forecast is ______. (Please round it to two decimal points.)