(4) Weekly demand for dry pasta at a supermarket chain is as follows Week Demands 1 517 2 510 3 557 4 498 5 498 6 444 7 526 8 441 9 541 10 445
(4) Weekly demand for dry pasta at a supermarket chain is as follows Week Demands 1 517 2 510 3 557 4 498 5 498 6 444 7 526 8 441 9 541 10 445
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 19P: The file P13_19.xlsx contains the weekly sales of a particular brand of paper towels at a...
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(4) Weekly demand for dry pasta at a supermarket chain is as follows
Week |
Demands |
1 |
517 |
2 |
510 |
3 |
557 |
4 |
498 |
5 |
498 |
6 |
444 |
7 |
526 |
8 |
441 |
9 |
541 |
10 |
445 |
Forecast the demand for week 11 by using five-period moving average.- Calculate the same using weighted average methods with weights are 0.3, 0.2, 0.2, 0.1 and 0.2 with start assigning weights to the most recent data
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