TABLE 6–11 Actual Sales Data Solution to Problem 6 W1 = 3 W2 = 5 W3 = 9 Actual Sales Forecast Weighted Moving Average Absolute Time Period ($00) Deviation 445 478 525 660 570 600 632 648 690 725 1 2 162.94 18.18 11.47 30.24 4. 497.06 588.18 588.53 601.76 611.65 634.82 667.41 701.12 732.06 36.35 55.18 10 11 12 57.59 48.88 750 Sum 420.82 in MAD = 52.60
TABLE 6–11 Actual Sales Data Solution to Problem 6 W1 = 3 W2 = 5 W3 = 9 Actual Sales Forecast Weighted Moving Average Absolute Time Period ($00) Deviation 445 478 525 660 570 600 632 648 690 725 1 2 162.94 18.18 11.47 30.24 4. 497.06 588.18 588.53 601.76 611.65 634.82 667.41 701.12 732.06 36.35 55.18 10 11 12 57.59 48.88 750 Sum 420.82 in MAD = 52.60
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Using the data in Table 6–11, calculate a 3-month moving average forecast
for month 12.

Transcribed Image Text:TABLE 6–11 Actual Sales Data
Solution to Problem 6
W1 = 3
W2 = 5
W3 = 9
Actual Sales
Forecast Weighted
Moving Average
Absolute
Time Period
($00)
Deviation
445
478
525
660
570
600
632
648
690
725
1
2
162.94
18.18
11.47
30.24
4.
497.06
588.18
588.53
601.76
611.65
634.82
667.41
701.12
732.06
36.35
55.18
10
11
12
57.59
48.88
750
Sum
420.82
in
MAD =
52.60
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman