Bob is a photographer who sells prints on consignment. Each week during the summer, Bob checks the inventory so that he can replenish the prints that have been sold. The following data show the number of prints sold each week during the last eight weeks. Complete parts a through e below. Week 1 2 3 4 5 6 7 80 SEHEEEE BEELZERE

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Bob is a photographer who sells prints on consignment. Each week
during the summer, Bob checks the inventory so that he can replenish
the prints that have been sold. The following data show the number of
prints sold each week during the last eight weeks. Complete parts a
through e below.
Week
Sold
15
2
3
10 11
4
16
5
18
6 7 80
14
8 9
10
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
(Type an integer or a decimal. Do not round.)
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Transcribed Image Text:Bob is a photographer who sells prints on consignment. Each week during the summer, Bob checks the inventory so that he can replenish the prints that have been sold. The following data show the number of prints sold each week during the last eight weeks. Complete parts a through e below. Week Sold 15 2 3 10 11 4 16 5 18 6 7 80 14 8 9 10 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 (Type an integer or a decimal. Do not round.) 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
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