Show three-year moving average

Assignment Help Business Management

Reference no: EM1362925

Three-Year Moving Average

Data collected on the yearly registration for a seminar at GIPS are shown in the following table:

Year 1 2 3 4 5 6 7 8 9 10 11
Registrations (000) 4 6 4 5 10 8 7 9 12 14 15

a) Develop a 3-year moving average to forecast registration from year 4 to year 12.

b) Estimate demands again for years 4 to 12 with a weighted moving average in which registration in the most recent year are given a weight of 2 and registration in the other 2 years are given a weight of 1.

c) Graph the original data and the two forecasts. Which of the two forecasting methods seems better?

Reference no: EM1362925

Questions Cloud

Explain how can an organization use technology : Explain How can an organization use technology to facilitate their work in a global environment

Characteristics functional properties in food : Proteins are major components of food. Describe in a factual manner as to what proteins are, as well as their characteristics in terms of functional properties in food.

Explain how would you extend above narrative to business : Explain how would you extend the above narrative to businesses, society as a whole or nations.

Create a print stream object using dos : Create a PrintStream object using dos and assign the resulting reference to ps, a PrintStream variable that has already been declared.

Show three-year moving average : Three-Year Moving Average - Data collected on the yearly registration for a seminar at GIPS and graph the original data and the two forecasts

Computing net present value : Dr. Harold Wolf of Medical Research Company was thrilled with the response he had received from drug companies for his latest discovery, a unique electronic stimulator that reduces the pain from arthritis.

What is the amplitude of the subsequent oscillations : What is the amplitude of the subsequent oscillations. A catcher "gives" with a baseball when catching it. If the baseball exerts a force of 519 N on the glove, so that the glove is displaced 10.0 cm, how much work is done by the ball.

Nutrition needs of both a man and woman : Create a 6-slide Microsoft® PowerPoint® presentation, including speaker notes, tracing the nutrition needs of both a man and a woman throughout the various stages of life.

Create new method public to create and return new picture : Create a new method public Picture frame (int frameSize, Color frameColor) this method will create and return a new picture object.

User Account

All Pages