Month Demand Month Demand 89 July August September October November January 223 February March 57 286 144 212 April Мay 221 275 177 188 June 280 December 312

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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The problem is based on the following data given. Observations of the demand for a certain part stocked at a parts supply depot during the calendar year 2013 were ( as shown ).

Compute the one-step-ahead three-month and six-month moving-average forecasts for July through December. What effect does increasing N from 3 to 6 have on the forecasts?

Month
Demand
Month
Demand
89
July
August
September
October
November
January
223
February
March
57
286
144
212
April
Мay
221
275
177
188
June
280
December
312
Transcribed Image Text:Month Demand Month Demand 89 July August September October November January 223 February March 57 286 144 212 April Мay 221 275 177 188 June 280 December 312
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