Forecasting Demands for March and January
Expected Value
July 9, 2019Classify as nominal, ordinal, interval, or ratio level of measurement
July 9, 20197. See attached spreadsheet…From this information presented, do the forecasters think that the March demand is more indicative of future demand that the January demand?
A.yes
B.no
8. See spreadsheet…Was the forecast for october larger than the actual demand?
A.yes
B.no
9. See spreadsheet…What is the MAD for the 3-month, weighted moving average forecast?
A. 0.481
B. 5.44
C. 35.93
D. 6.79
E. 15.33
10. See spreadsheet…What is the forecast demand for the next January?
A. 14
B. 6.79
C. 15.33
D. 5.44
7. See attached spreadsheet…From this information presented; do the forecasters think that the March demand is more indicative of future demand that the January demand?
A. yes
B.no
The weight attached …
This posting contains answers to following questions based on the attached forecasting problem:
