apu-busn603-problem-set-4

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Part 1 of 3 – Part 1 20.0
Points

Develop a four-month moving average forecast for Wallace
Garden Supply and compute the MAD. A three-month moving average forecast was
developed in the table attached.

Attachments

Problem Set 4 Part 1
Table.docx

55 KB

Question 1 of 11 10.0
Points

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

Question 2 of 11 10.0
Points

The Mean Absolute Deviation (MAD) for the above forecast
is 7.78 . (Please round it to two
decimal points.)

Answer Key:

Question 3 of 11 10.0
Points

The three-year moving average forecast for Wallace Garden
Supply is 13.67 . (Please round it to
two decimal points and include no units.)

Answer Key

The Mean Absolute Deviation (MAD) for the above moving
average forecast is 2.54 . (Please round
it to two decimal points.)

Answer Key:

Question 5 of 11 10.0
Points

The three-year weighted moving average forecast for Wallace
Garden Supply is 14 . (Please round it
to an integer and include no units.)

Answer Key:

Question 6 of 11 10.0
Points

The Mean Absolute Deviation (MAD) for the above weighted
moving average forecast is 2.31 .
(Please round it to two decimal points.)

Answer Key

Question 7 of 11 5.0
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.

Answer Key: B

Question 8 of 11 10.0
Points

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

Feedback: This is a given information. This question is designed
to help you to comprehend this problem.

Question 9 of 11 5.0
Points

The Year 2 forecast for the sales of Cool-Man air
conditioners is 422 . (Please round it
to an integer and include no units.)

Answer Key

Question 10 of 11 10.0
Points

The Year 6 forecast for the sales of Cool-Man air
conditioners is 521.83 . (Please round
it to two decimal points and include no units.)

Answer Key:

Question 11 of 11 10.0
Points

The Mean Absolute Deviation (MAD) for the above exponential
smoothing forecast is 74.56 . (Please
round it to two decimal points.)

Answer Key:

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