Below you are given the first five values of a quarterly time series of sales. Year Time Series Value Y, 36 Quarter 24 3 16 4 20 1 44 21. Refer to data above. When a naïve method is used, what is the forecast on the sales in Quarter 2 of Year 2. а. 20 b. 27 d. 44 с. 30 22. Refer to data in Q21. When a three-quarter moving average is used, what is the forecast on the sales in Quarter 2 of Year 2. 20.5 b. 44.3 26.7 a. с. d. 30.2 23. Refer to data in Q21. When a three-quarter weighted moving average (W1=0.5, W2 0.3, and W3 0.2) is used, what is the forecast on the sales in Quarter 2 of Year 2. (Hint: F1+1 =W1D;+ W2D+ W3D) 24.4 30.2 22.8 d. a. b. с. 31.2
Below you are given the first five values of a quarterly time series of sales. Year Time Series Value Y, 36 Quarter 24 3 16 4 20 1 44 21. Refer to data above. When a naïve method is used, what is the forecast on the sales in Quarter 2 of Year 2. а. 20 b. 27 d. 44 с. 30 22. Refer to data in Q21. When a three-quarter moving average is used, what is the forecast on the sales in Quarter 2 of Year 2. 20.5 b. 44.3 26.7 a. с. d. 30.2 23. Refer to data in Q21. When a three-quarter weighted moving average (W1=0.5, W2 0.3, and W3 0.2) is used, what is the forecast on the sales in Quarter 2 of Year 2. (Hint: F1+1 =W1D;+ W2D+ W3D) 24.4 30.2 22.8 d. a. b. с. 31.2
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
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