c) Forecast the demand for Week 9 using a three-period simple moving average. The forecasted demand for Week 9 using a three-period simple moving average is (Round to two decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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answer c
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.
1
2
15
10
Week
Sold
3
***
En example
4
16
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.
Get more help.
5
18
MAD= 4.08
(Round to two decimal places as needed.)
c) Forecast the demand for Week 9 using a three-period simple moving average.
The forecasted demand for Week 9 using a three-period simple moving average is
(Round to two decimal places as needed.)
Clear all
6
14
7
8
8 C
9
Check answer
Incorrect
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. 1 2 15 10 Week Sold 3 *** En example 4 16 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. Get more help. 5 18 MAD= 4.08 (Round to two decimal places as needed.) c) Forecast the demand for Week 9 using a three-period simple moving average. The forecasted demand for Week 9 using a three-period simple moving average is (Round to two decimal places as needed.) Clear all 6 14 7 8 8 C 9 Check answer Incorrect
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