The operations manager of a company extructed the following annual demand data from the research and development department of the company. Use it to answer questions 15-21. Demand 120 90 100 Quarters 3 4. 75 110 50 75 78 6. 6. 95 10 89 92 11 12 15. What is the 3-month moving average forecast for the 12h quarter? (a) 90 (b) 91 (c) 92 (d) 93 16. The 3-month weighted moving average forecast for the 13th quarter is, assuming 0.48, 0.32 an 0.20 weighs were assigned. (a) 91 (b) 92 (e) 93 (d) 94 17. What is the percentage change in demand between 1" and 3d quarters? (a) (45.45)% (b) 45.45% (c) (50.00)% (d) 50.00% 18. What is the exponential smoothing forecast for the 12th quarter assuining the forecast for the 11 quarter was 91 and a =0.3 (a) 89 (b) 90 (c) 91 (d) 92 19. The value for the intercept 'a' in the trend equation is: (a) 98.80 (b) 100.21 (c) 110.58 (d) 120.34
The operations manager of a company extructed the following annual demand data from the research and development department of the company. Use it to answer questions 15-21. Demand 120 90 100 Quarters 3 4. 75 110 50 75 78 6. 6. 95 10 89 92 11 12 15. What is the 3-month moving average forecast for the 12h quarter? (a) 90 (b) 91 (c) 92 (d) 93 16. The 3-month weighted moving average forecast for the 13th quarter is, assuming 0.48, 0.32 an 0.20 weighs were assigned. (a) 91 (b) 92 (e) 93 (d) 94 17. What is the percentage change in demand between 1" and 3d quarters? (a) (45.45)% (b) 45.45% (c) (50.00)% (d) 50.00% 18. What is the exponential smoothing forecast for the 12th quarter assuining the forecast for the 11 quarter was 91 and a =0.3 (a) 89 (b) 90 (c) 91 (d) 92 19. The value for the intercept 'a' in the trend equation is: (a) 98.80 (b) 100.21 (c) 110.58 (d) 120.34
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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