Use the following data on the number of gallons of ice cream sold by a local retailer each month to answer questions 5-6 below. Month Jan Feb Mar Apr Demand 280 293 283 265 MA Forecast

MATLAB: An Introduction with Applications
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Use the following data on the number of gallons of ice cream sold by a local retailer each month to
answer questions 5-6 below.
C.
Month
Jan
Feb
Mar
Apr
May
June
a. 276
b. 279
280
d. 286
a.
July
Aug
5. The forecast (rounded to nearest integer) for the following month using a 4-period moving average is
C.
Demand
280
293
283
265
256
295
288
276
14.6
d. 58.3
MA Forecast
6. Calculate the Average Error for the above MA forecasts.
2.5
b. 9.8
280
274
275
276
Transcribed Image Text:Use the following data on the number of gallons of ice cream sold by a local retailer each month to answer questions 5-6 below. C. Month Jan Feb Mar Apr May June a. 276 b. 279 280 d. 286 a. July Aug 5. The forecast (rounded to nearest integer) for the following month using a 4-period moving average is C. Demand 280 293 283 265 256 295 288 276 14.6 d. 58.3 MA Forecast 6. Calculate the Average Error for the above MA forecasts. 2.5 b. 9.8 280 274 275 276
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