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a) Using a​ 2-month moving​ average, the forecast for periods 11 and 12 is ​(round your responses to two decimal ​places)​:   Month Mar Apr May Jun Jul Aug Sep Oct Nov Dec Forecast ​$1.71 1.61 1.73 1.88 1.90 1.85 1.78 1.73 enter your response here enter your response here

a) Using a​ 2-month moving​ average, the forecast for periods 11 and 12 is ​(round your responses to two decimal ​places)​:   Month Mar Apr May Jun Jul Aug Sep Oct Nov Dec Forecast ​$1.71 1.61 1.73 1.88 1.90 1.85 1.78 1.73 enter your response here enter your response here

Practical Management Science
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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Lenovo uses the​ ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as​ follows:
 
                                                                                                                 
Month
Price Per Chip
Month
Price Per Chip
January
​$1.80
July
​$1.80
February
​$1.61
August
​$1.75
March
​$1.60
September
​$1.70
April
​$1.85
October
​$1.50
May
​$1.91
November
​$1.60
June
​$1.89
December
​$1.75
 
This exercise contains only parts​ a, b, and c.
Part 2
​a) Using a​ 2-month moving​ average, the forecast for periods 11 and 12 is ​(round your responses to two decimal
​places)​:
 
Month
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Forecast
​$1.71
1.61
1.73
1.88
1.90
1.85
1.78
1.73
enter your response here
enter your response here
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