combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Using the four period moving average and sequential numbering system starting with x=1 in period 1. determine the following : a) centered moving average of period 5 b) centered moving average of period 10 c) seasonal ratio of period 7 d) seasonal ratio of period 14
combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Using the four period moving average and sequential numbering system starting with x=1 in period 1. determine the following : a) centered moving average of period 5 b) centered moving average of period 10 c) seasonal ratio of period 7 d) seasonal ratio of period 14
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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Question
The marketing manager of a company that manufactures and distributes farming equipment (such as combined harvesters, ploughs and tractors) recorded the number of farming units sold quarterly for the period 2016 to 2019. Using the four period moving average and sequential numbering system starting with x=1 in period 1.
determine the following :
a) centered moving average of period 5
b) centered moving average of period 10
c) seasonal ratio of period 7
d) seasonal ratio of period 14
![Quarter
2016
2017
2018
2019
Summer 57
60
65
64
Autumn
51
56
60
62
Winter
50
53
58
58
Spring
56
61
68
70](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7eea6dc0-72ac-4bb4-af82-e9b744ff9a04%2Fcc186d3c-6d93-444f-a2a7-025c7152231d%2Fv53dopu_processed.png&w=3840&q=75)
Transcribed Image Text:Quarter
2016
2017
2018
2019
Summer 57
60
65
64
Autumn
51
56
60
62
Winter
50
53
58
58
Spring
56
61
68
70
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