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Post on Forecasting Methods
Calculate and answer parts 1 through 4. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful? Your initial post should be 200-250 words.
The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period.
Year
Mergers
2000
46
2006
83
2001
2007
123
2002
62
2008
97
2003
45
2009
186
2004
64
2010
225
2005
61
2011
240
1. Calculate a 5-year moving average to forecast the number of mergers for 2012.
2. Use the moving average technique to determine the forecast for 2005 to 2011. Calculate measurement error using MSE and MAD.
3. Calculate a 5-year weighted moving average to forecast the number of mergers for 2012. Use weights of 0.10, 0.15, 0.20, 0.25, and 0.30, with the most recent year weighted being the largest.
4. Use regression analysis to forecast the number of mergers in 2012.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
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Prepare a major handout on the key principles of instructional leadership
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