Average for the quarter: Standardized relatives: 2 Quarter 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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i have answered the top, just need the bottom answered, aka the blank ones.

Average for the quarter:
Standardized relatives:
1
2
Quarter
3
4
Transcribed Image Text:Average for the quarter: Standardized relatives: 1 2 Quarter 3 4
Obtain estimates of quarter relatives for these data using the centered moving average method. (Round all calculations to three
decimal points and standardize the final seasonal relatives so their total is four.)
Quarter
Demand
Year
1
2
3
4
1
1 2
1
2
3
4
3
4
17 21 35 52 30 37 58 75
Quarter
1
2
3
4
1
2
3
4
1
2
3
4
1
Year
MA4
31.25
34.50
38.50
44.25
50.00
53.75
58.50
66.00
68.50
71.25
2
MA₂
1
45
32.875
36.500
41.375
47.125
51.875
56.125
62.250
67.250
69.875
2
56
3
3
88
4
85
Demand/MA2
1.065
1.425
0.725
0.785
1.118
1.336
0.723
0.833
1.259
4
1
56
Transcribed Image Text:Obtain estimates of quarter relatives for these data using the centered moving average method. (Round all calculations to three decimal points and standardize the final seasonal relatives so their total is four.) Quarter Demand Year 1 2 3 4 1 1 2 1 2 3 4 3 4 17 21 35 52 30 37 58 75 Quarter 1 2 3 4 1 2 3 4 1 2 3 4 1 Year MA4 31.25 34.50 38.50 44.25 50.00 53.75 58.50 66.00 68.50 71.25 2 MA₂ 1 45 32.875 36.500 41.375 47.125 51.875 56.125 62.250 67.250 69.875 2 56 3 3 88 4 85 Demand/MA2 1.065 1.425 0.725 0.785 1.118 1.336 0.723 0.833 1.259 4 1 56
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