Bob is a photographer who sells prints on consignment. Each week during the summer, Bob checks the inventory so that me can replenish the prints that have been sold. The following data show the number of prints sold each week during the ast eight weeks. Complete parts a through e below. 1 2 15 10 Week Sold 3 11 MAD= (Round to two decimal places as needed.) 4 16 5 18 a) Forecast the demand for Week 9 using a two-period simple moving average: The forecasted demand for Week 9 using a two-period simple moving average is 8.5. Type an integer or a decimal. Do not round.) b) Calculate the MAD for the forecast in part a. 6 14 7 8 8 0 9

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Author:Amos Gilat
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Bob is a photographer who sells prints on consignment. Each week during the summer, Bob checks the inventory so that
me can replenish the prints that have been sold. The following data show the number of prints sold each week during the
ast eight weeks. Complete parts a through e below.
Week
1
2
Sold
15
10
MAD=
(Round to two decimal places as needed.)
ample
3
11
Get more help
KEED
a) Forecast the demand for Week 9 using a two-period simple moving average.
The forecasted demand for Week 9 using a two-period simple moving average is 8.5.
(Type an integer or a decimal. Do not round.)
b) Calculate the MAD for the forecast in part a.
4
16
5
18
Clear all
6
14
7
8
8 O
9
Check answer
Incorrect: 0
Transcribed Image Text:Bob is a photographer who sells prints on consignment. Each week during the summer, Bob checks the inventory so that me can replenish the prints that have been sold. The following data show the number of prints sold each week during the ast eight weeks. Complete parts a through e below. Week 1 2 Sold 15 10 MAD= (Round to two decimal places as needed.) ample 3 11 Get more help KEED a) Forecast the demand for Week 9 using a two-period simple moving average. The forecasted demand for Week 9 using a two-period simple moving average is 8.5. (Type an integer or a decimal. Do not round.) b) Calculate the MAD for the forecast in part a. 4 16 5 18 Clear all 6 14 7 8 8 O 9 Check answer Incorrect: 0
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