ThenumberofToyotaCorollasproducedintheCambridge,Ontario,plantduringeach month of January 2008 to December 2009 period was as follows Assume that the cars are sold in the same month they are produced. Identify an appropriate forecasting technique, briefly state the reason(s) you chose it, and forecast Corolla demand in January 2010. MonthNo. Produced MonthNo. Produced2008–014,9592009-016,7332008–028,4632009-021,0062008–0311,7062009-039,3282008–049,9072009-049,0722008–059,3542009-058,7382008–0611,2972009-0612,2592008–078,9052009-079,5192008–0812,2492009-0812,1132008–0919,1602009-0914,0442008–1014,2642009–1016,6502008–1113,6872009–1116,9122008–128,6572009–1213,851

The 6-month moving average can be a suitable alternative because it is simple to compute and…

Answered: Month No. Produced Month No. Produced…

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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ThenumberofToyotaCorollasproducedintheCambridge,Ontario,plantduringeach month of January 2008 to December 2009 period was as follows

Assume that the cars are sold in the same month they are produced. Identify an appropriate forecasting technique, briefly state the reason(s) you chose it, and forecast Corolla demand in January 2010.

Month
No. Produced Month
No. Produced
2008–01
4,959
2009-01
6,733
2008–02
8,463
2009-02
1,006
2008–03
11,706
2009-03
9,328
2008–04
9,907
2009-04
9,072
2008–05
9,354
2009-05
8,738
2008–06
11,297
2009-06
12,259
2008–07
8,905
2009-07
9,519
2008–08
12,249
2009-08
12,113
2008–09
19,160
2009-09
14,044
2008–10
14,264
2009–10
16,650
2008–11
13,687
2009–11
16,912
2008–12
8,657
2009–12
13,851

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