QuestionQuestion

#2
The number of cans of soda sold in a machine each week is recorded below:
338, 219, 278, 265, 314, 323, 299, 259, 287, 302
A. Develop forecasts using a three-period moving average (MSE).
B. How many cans are expected to be sold in time frame 11?

#3
The number of new contributors to a public radio station's annual fund drive over the last ten years is 63, 58, 61, 72, 98, 103, 121, 147, 163, 198.
Calculate the MSE for a 3 & 4 week moving average.
Which weighted moving average is better and why?
Predict next year's number of new contributors.
The probabilities for 3 year are .20, .35, .45 and for 4-year are .15, .35, .30, .20

#4
Compute MAE, MSE, MAPE using the most recent value calculation.
Compute the forecast value for day 13.
Use a 2-day weighted moving average.
Probabilities are .45 and .55.

Day      1   2   3   4   5   6    7   8   9   10   11   12
Value 20 32 45 63 27 94 47 40 55   38 28 33

Solution PreviewSolution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Operations Management Questions
    $45.00 for this solution

    PayPal, G Pay, ApplePay, Amazon Pay, and all major credit cards accepted.

    Find A Tutor

    View available Operations Management Tutors

    Get College Homework Help.

    Are you sure you don't want to upload any files?

    Fast tutor response requires as much info as possible.

    Decision:
    Upload a file
    Continue without uploading

    SUBMIT YOUR HOMEWORK
    We couldn't find that subject.
    Please select the best match from the list below.

    We'll send you an email right away. If it's not in your inbox, check your spam folder.

    • 1
    • 2
    • 3
    Live Chats