1. How does the number of periods in moving average the forecast? 2. Contrast the terms sales and demand. 3. mmercial bakery has recorded sales (in dozens) for three pro
1. How does the number of periods in moving average the forecast? 2. Contrast the terms sales and demand. 3. mmercial bakery has recorded sales (in dozens) for three pro
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Forecasting:
1. How does the number of periods in moving average affect the responsiveness of
the forecast?
2. Contrast the terms sales and demand.
3.
KA commercial bakery has recorded sales (in dezens) for three products, as shown below:
Blueberry
MuHins
Cinnamon
Buns
Day
Cupcakes
30
18
45
34
17
26
32
19
27
34
23
35
2
22
30
23
48
23
29
34
36
25.
20
29
24
14
10
31
26
18
35
31
11
27
47
28
26
27
37
34
13
14
31
24
15
33
33
22
a. Predict orders for the following day for cach of the products using an appropriate naive
method.
b What should the use of sales data instead of demand imply.
RNN N N N
H.NM p](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F96a72910-6ab0-45c4-a858-ba8b3a4ff7bd%2Fd6246b9b-9471-4fc6-a94f-4bfc7e0a222a%2Fe49giww_processed.png&w=3840&q=75)
Transcribed Image Text:Forecasting:
1. How does the number of periods in moving average affect the responsiveness of
the forecast?
2. Contrast the terms sales and demand.
3.
KA commercial bakery has recorded sales (in dezens) for three products, as shown below:
Blueberry
MuHins
Cinnamon
Buns
Day
Cupcakes
30
18
45
34
17
26
32
19
27
34
23
35
2
22
30
23
48
23
29
34
36
25.
20
29
24
14
10
31
26
18
35
31
11
27
47
28
26
27
37
34
13
14
31
24
15
33
33
22
a. Predict orders for the following day for cach of the products using an appropriate naive
method.
b What should the use of sales data instead of demand imply.
RNN N N N
H.NM p
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