Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.) Week Forecast

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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Marianne Kramer, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so that she can order the correct
of supplies that go with the cleaners. Data for the last 10 weeks are shown here.
quantities
Week
Rentals
1
14
2
23
3
26
4
25
5
19
6
19
7
19
8
29
Forecast
9
12
a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.)
Week
6
10
11
Transcribed Image Text:Marianne Kramer, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so that she can order the correct of supplies that go with the cleaners. Data for the last 10 weeks are shown here. quantities Week Rentals 1 14 2 23 3 26 4 25 5 19 6 19 7 19 8 29 Forecast 9 12 a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.) Week 6 10 11
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