Solution:
a. Develop a three-month moving average.
b. Compute the MAD
Answer:
Q2:
1. For the data below: Automobile Battery Sales 20 21 15 14 13 16 Automobile Battery...
Do question 5 please. Use exponential smoothing with a=.2 to forecast battery sales. Assume the forecast for January was 22 batteries Month Battery Sales for cars January 20 Feb 21 March 15 April 14 aryws 22 bateries Bahery Sales & Use the sales data given below to deto (a) the negression oqustioe (b) the poodicted value for 1982 sales aryws 22 bateries Bahery Sales & Use the sales data given below to deto (a) the negression oqustioe (b) the poodicted...
2. Consider the following time series data: 2Month Value 20 15 23 6 4 13 6 18 25 10 8 10 9 24 12 10 21 13 19 14 15 la. Use a α # 0.25 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for Month 12. b. Compare the two-month moving average forecast with the exponential smoothing forecast using a 0.25. Which appears to 17 provide the better forecast based on MSE?...
The monthly sales for Yazici batteries were as follows on January 21, February 20, March 16, April 15.May 15,June 18,July 17,August 18, September 22, October 20, November 21, December 24. forcast for the next month (Jan) using the naive method. The forecast for the next period (Jan) using the 3-month moving approach. Using smoothing with a=0.30 and a September forecast of 18.00 the forecast for the next period (Jan) sales.
Problem 1 The table below presents data for tire sales in the Costco Branch at South Dakota Avenue, Washington D.C. from the months of January through December of the Year 2019. 5983 Automobile Month Year Tire Sales January 5610 2019 February 5790 2019 March 2019 2019 April 6202 6460 2019 May 6608 2019 June July 2019 August 2019 9110 September 2019 8690 October 2019 8799 November 2019 8896 December 2019 9210 a. Compute a two-month moving average. What is the...
Problem 1 The table below presents data for tire sales in the Costco Branch at South Dakota Avenue, Washington D.C. from the months of July through December of the Year 2017. Automobile Tire Sales 550 576 590 602 622 664 689 905 860 869 886 920 Y ear 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 Month Janua Februar March April June Jul August September October November December a. Compute a two-month moving average. What is...
The monthly sales for Yazici Batteries, Inc. were as follows: Month Jan 20 Feb 21 Mar 16 Apr May 15 13 Jun 18 Jul 15 Aug Sept Oct Nov Dec 18 19 22 202 This exercise contains only parts de b) The forecast for the next month (Jan) using the naive method = 24 sales (round your response to a whole number) The forecast for the next period (Jan) using a 3-month moving average approach = 22 sales (round your...