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BUSN603 MS Word Problem Set 4

BUSN603 MS Word Problem Set 4

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Author: Dannie Young
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The four-month moving average forecast for Wallace Garden Supply is __________. (Please round it to an integer and include no units.)
 
A.17
B.18
C.19
D.20
The Mean Absolute Deviation (MAD) for the above forecast is . (Please round it to two decimal points.)
The three-year moving average forecast for Wallace Garden Supply is . (Please round it to two decimal points and include no units.)
 
The Mean Absolute Deviation (MAD) for the above moving average forecast is . (Please round it to two decimal points.)
The three-year weighted moving average forecast for Wallace Garden Supply is .  (Please round it to an integer and include no units.)
The Mean Absolute Deviation (MAD) for the above weighted moving average forecast is . (Please round it to two decimal points.)
 
Based on your previous calculation, which method do you think is the best?
A.3-year moving average.
B.3-year weighted moving average.
 
 
The starting /initial forecast for the sales of Cool-Man air conditioners is ________.  (Please round it to an integer and include no units.)
 
 
 
A.400
 
B.410
 
C.430
D.450
 
 
The Year 2 forecast for the sales of Cool-Man air conditioners is  (Please round it to an integer and include no units.)
 
The Year 6 forecast for the sales of Cool-Man air conditioners is . (Please round it to two decimal points and include no units.)
 
The Mean Absolute Deviation (MAD) for the above exponential smoothing forecast is . (Please round it to two decimal points.)


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