Data on factory orders for all manufacturing

Assignment Help Finance Basics
Reference no: EM131942584

The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and nondurable goods industries. Shown below are factory orders in the United States over a 13- year period ($ billion). First, use the data to develop forecasts for years 6 through 13 using a 5-year moving average. Then, use the data to develop forecasts for years 6 through 13 using a 5-year weighted moving average. Weight the most recent year by 6, the previous year by 4, the year before that by 2, and the other years by 1. Answer the following questions: a) What is the forecast for year 13 based on the 5-year moving average? b) What is the forecast for year 13 based on the 5-year weighted moving average? c) What is the MAD for the moving average forecast? d) What is the MAD for the weighted moving average forecast? e) Which forecasting model is better? Year Factory orders 1 2,512.70 2 2,739.20 3 2,874.90 4 2,934.10 5 2,865.70 6 2,978.50 7 3,092.40 8 3,052.60 9 3,145.20 10 3,114.10 11 3,257.40 12 3,654.00 13

Reference no: EM131942584

Questions Cloud

Define the difference between a simulator and an emulator : Define the difference between a simulator and an emulator. Which would you prefer to work with, and why?
What is meant by the term business intelligence : What is meant by the term business intelligence (BI)? How does BI relate to data analysis?
The development of cost-effective in situ bioremediation : The development of cost-effective in situ bioremediation strategies for subsurface radionuclides and metals;
How would computers operated if there were no stored program : What is the difference between a programmable calculator and a personal computer? How would computers be operated if there were no stored programs?
Data on factory orders for all manufacturing : The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and nondurable goods industries.
Describe the tools used by the assembly language programmer : Describe the differences between assembly language and high-level languages as regards type checking. Describe tools used by the assembly language programmer.
Steps in the creating business value with it process : What are the four (4) steps in the Creating Business Value with IT process? and briefly describe what is involved with each step.
What is a computer-based information system : What is a Computer-based Information System (CBIS)? What is an Information System (IS)?
How long does the computation take on a computer : How long does the computation take on a computer that can execute at a rate of 5 MIPS (millions of instructions per second)?

Reviews

Write a Review

Finance Basics Questions & Answers

  What are some of the practical problems

Aside from difference in timing, what are some of the practical problems commonly associated with gap management strategy?

  Computation of annual value-present value of cash flow

The cash flow for an engineering project is given below:

  How does this information change your valuation

Forecasting and Valuation (Medium) The reformulated balance sheet and income statement for a firm's 2012 fiscal year are below (in millions of dollars).

  What is the equilibrium average rate of return on security k

What is the reward for waiting? What is the quantity of risk in Security K? According to the capital asset pricing model, what is the equilibrium average rate of return on Security K?

  How issue is important in increasing ethical behavior

Explain your stance on this issue. Choose one other issue that caught your interest in the article and discuss the issue in your own words. Explain how this issue is important in increasing ethical behavior in the corporate business environment. Your..

  Preparing a balance sheet prepare a 2007 balance sheet for

preparing a balance sheet prepare a 2007 balance sheet for haltiwanger corp. based on the following information cash

  On december 31 beth klemkosky bought a yacht for 110000 and

on december 31 beth klemkosky bought a yacht for 110000 and paid 14000 down and agreed to pay the balalnce in 9 equal

  The process that begins with recording business

the first step of the accounting cycle is toa. record journal entries.nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp b.

  Discuss the given statements

On average, for the period 1926 through 2012: intermediate-term government bonds have produced higher returns than long-term government bonds.

  Discuss whether or not apple fairly presented according to

discuss whether or not apple fairly presented according to fasb information in their financial statement and footnote

  Discuss the role that your stage in life plays

Options in Asset Allocation. "There is a right way and a wrong way to use stock options in asset allocation." Evaluate this statement.

  A firm has earnings of 230 this year what would its

a firm has earnings of 230 this year grows by about 6 each year and has a priceearnings ratio of 40. what would its

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd