Question 2 The Walmart Store on MD Route 301 at Bowie has experienced the following demand for its Refrigerators during the last six months. Round to three decimal places. Months 1 2 3 4 5 6 Sales 56 61 55 60 66 WMA-3 MA-2 (a) Provide a forecast for the 6th month by using a 3-month weighted moving average technique with weights 3, 2, and 1 (3-being the most recent). (b) Forecast sales using a 2-year moving average technique. Error 2 e) What is the MSE from the 2-year moving average?

Question 2 The Walmart Store on MD Route 301 at Bowie has experienced the following demand for its Refrigerators during the last six months. Round to three decimal places. Months 1 2 3 4 5 6 Sales 56 61 55 60 66 WMA-3 MA-2 (a) Provide a forecast for the 6th month by using a 3-month weighted moving average technique with weights 3, 2, and 1 (3-being the most recent). (b) Forecast sales using a 2-year moving average technique. Error 2 e) What is the MSE from the 2-year moving average?

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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