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c) The graph to the right shows the actual registrations, registrations forecasted using a 3-year moving average, and registrations forecasted using a 3-year weighted moving average. Which method seems to be able to forecast better? (Refer to the legend or hover your mouse over any plot) OA A3-year weighted moving average is significantly better. OB. A3-year moving average is significantly better. OC The forecasts are about the same.

c) The graph to the right shows the actual registrations, registrations forecasted using a 3-year moving average, and registrations forecasted using a 3-year weighted moving average. Which method seems to be able to forecast better? (Refer to the legend or hover your mouse over any plot) OA A3-year weighted moving average is significantly better. OB. A3-year moving average is significantly better. OC The forecasts are about the same.

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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Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table. 4 5 6 7 8 9 10 11 4 9 9 8 11 11 14 17 Year OA A3-year weighted moving average is significantly better. B. A 3-year moving average is significantly better. OC The forecasts are about the same. 1 Registrations (000) 4 2 7 3 5 This exercise contains only part c c) The graph to the right shows the actual registrations, registrations forecasted using a 3-year moving average, and registrations forecasted using a 3-year weighted moving average. Which method seems to be able to forecast better? (Refer to the legend or hover your mouse over any plot) 18 12- 16 15 14- 13- 12- 11 10- BI B 7 5- 4- 34 2- Demand 2 3 5 Year 9 16 11 12 Blue Line = Actual Registrations Red Line = 3-year Moving Average Pink Line = 3-year Weighted Moving Average
Transcribed Image Text:Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table. 4 5 6 7 8 9 10 11 4 9 9 8 11 11 14 17 Year OA A3-year weighted moving average is significantly better. B. A 3-year moving average is significantly better. OC The forecasts are about the same. 1 Registrations (000) 4 2 7 3 5 This exercise contains only part c c) The graph to the right shows the actual registrations, registrations forecasted using a 3-year moving average, and registrations forecasted using a 3-year weighted moving average. Which method seems to be able to forecast better? (Refer to the legend or hover your mouse over any plot) 18 12- 16 15 14- 13- 12- 11 10- BI B 7 5- 4- 34 2- Demand 2 3 5 Year 9 16 11 12 Blue Line = Actual Registrations Red Line = 3-year Moving Average Pink Line = 3-year Weighted Moving Average
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