a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average LOADING... . (Enter your responses rounded to two decimal places.) Week Forecast 6 enter your response here Part 4 7 enter your response here Part 5 8 enter your response here Part 6 9 enter your response here Part 7 10 enter your response here Part 8 What is the forecast for week 11? enter your response here rentals. (Enter your response rounded to two decimal places.) Part 9 b. The mean absolute deviation LOADING... as of the end of week 10 is enter your response here rentals. (Enter your response rounded to two decimal places.)
a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average LOADING... . (Enter your responses rounded to two decimal places.) Week Forecast 6 enter your response here Part 4 7 enter your response here Part 5 8 enter your response here Part 6 9 enter your response here Part 7 10 enter your response here Part 8 What is the forecast for week 11? enter your response here rentals. (Enter your response rounded to two decimal places.) Part 9 b. The mean absolute deviation LOADING... as of the end of week 10 is enter your response here rentals. (Enter your response rounded to two decimal places.)
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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Question
Marianne Schwartz, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in 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 cleaners. Data for the last 10 weeks are shown here.
Part 2
|
Week
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
|
Rentals
|
23
|
22
|
25
|
23
|
22
|
11
|
21
|
34
|
19
|
13
|
Part 3
a. Prepare a forecast for weeks 6 through 10 by using a
4-week moving average
(Enter your responses rounded to two decimal places.)LOADING...
.|
Week
|
Forecast
|
|
6
|
enter your response here
|
Part 4
|
7
|
enter your response here
|
Part 5
|
8
|
enter your response here
|
Part 6
|
9
|
enter your response here
|
Part 7
|
10
|
enter your response here
|
Part 8
What is the forecast for week 11?
enter your response here
rentals. (Enter your response rounded to two decimal places.)Part 9
b. The
mean absolute deviation
as of the end of week 10 is
LOADING...
enter your response here
rentals. (Enter your response rounded to two decimal places.)Expert Solution
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