The owner of a computer store rents printers to some of her preferred customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the printers. Data for the last 10 weeks are shown here. Week Rentals Week Rentals 26 6 34 2 25 32 3 36 45 28 33 38 10 28 a. Prepare a forecast for weeks 6 through 10 by using a 5-week moving average. What is the forecast for week 11? b. Calculate the mean absolute deviation as of the end of week 10.
The owner of a computer store rents printers to some of her preferred customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the printers. Data for the last 10 weeks are shown here. Week Rentals Week Rentals 26 6 34 2 25 32 3 36 45 28 33 38 10 28 a. Prepare a forecast for weeks 6 through 10 by using a 5-week moving average. What is the forecast for week 11? b. Calculate the mean absolute deviation as of the end of week 10.
The owner of a computer store rents printers to some of her preferred customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the printers. Data for the last 10 weeks are shown here. Week Rentals Week Rentals 26 6 34 2 25 32 3 36 45 28 33 38 10 28 a. Prepare a forecast for weeks 6 through 10 by using a 5-week moving average. What is the forecast for week 11? b. Calculate the mean absolute deviation as of the end of week 10.
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