Forecasting Demands for March and January
Not what you're looking for?
7. See attached spreadsheet...From this information presented, do the forecasters think that the March demand is more indicative of future demand that the January demand?
A.yes
B.no
8. See spreadsheet...Was the forecast for october larger than the actual demand?
A.yes
B.no
9. See spreadsheet...What is the MAD for the 3-month, weighted moving average forecast?
A. 0.481
B. 5.44
C. 35.93
D. 6.79
E. 15.33
10. See spreadsheet...What is the forecast demand for the next January?
A. 14
B. 6.79
C. 15.33
D. 5.44
Purchase this Solution
Solution Summary
This posting contains answers to following questions based on the attached forecasting problem:
Solution Preview
7. See attached spreadsheet...From this information presented; do the forecasters think that the March demand is more indicative of future demand that the January demand?
A. yes
B.no
The weight attached ...
Purchase this Solution
Free BrainMass Quizzes
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.