Given the following data on the number of pints of ice cream sold at a local ice cream store for a 10-period time frame:PeriodDemand2 MA ForecastError square 2 MA= (De- Forecast)21200 2245 3190(200+245)/2=222.5 4270(245+190)/2=217.5(270-217.5)2=2756.255280(190+270)/2=230(280-230)2=25006300(270+280)/2=275(300-275)2=6257320(280+300)/2=290(320-290)2=9008340(300+320)/2=310(340-310)2=9009320(320+340)/2=330(320-330)2=10010280(340+320)/2=330(280-330)2=2500 Use a 3-period moving average to forecast demand for period 11Group of answer choices326.7313.3246.7300.0

The moving average method is to be used to find the forecast for time period 11, using the…

Answered: Given the following data on the number…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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Given the following data on the number of pints of ice cream sold at a local ice cream store for a 10-period time frame:

Period	Demand	2 MA Forecast	Error square 2 MA= (De- Forecast)²
1	200
2	245
3	190	(200+245)/2=222.5
4	270	(245+190)/2=217.5	(270-217.5)²=2756.25
5	280	(190+270)/2=230	(280-230)²=2500
6	300	(270+280)/2=275	(300-275)²=625
7	320	(280+300)/2=290	(320-290)²=900
8	340	(300+320)/2=310	(340-310)²=900
9	320	(320+340)/2=330	(320-330)²=100
10	280	(340+320)/2=330	(280-330)²=2500

Use a 3-period moving average to forecast demand for period 11

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