Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows: Month Price Per Chip January $1.80 February $1.67 March $1.70 April $1.85 a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). Month Mar Apr Forecast $enter your response here $enter your response here
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows: Month Price Per Chip January $1.80 February $1.67 March $1.70 April $1.85 a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places). Month Mar Apr Forecast $enter your response here $enter your response here
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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1. Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows:
|
Month |
Price Per Chip |
|
January |
$1.80 |
|
February |
$1.67 |
|
March |
$1.70 |
|
April |
$1.85 |
a) Using a 2-month moving average, calculate the
places).
|
Month |
Mar |
Apr |
|
Forecast |
$enter your response here |
$enter your response here |
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