User Account

All Pages

Weighted moving average technique

Assignment Help Business Economics
Reference no: EM133127250

The sales of Regiferators at the Walmart stores have grown steadily during the past six years as shown in the table below. 

Year

Sales

WMA-3

MA-2

Error^2

1

460

-

-

-

2

495

-

-

-

3

520

-

 

 

4

568

 

 

 

5

594

 

 

 

6

605

 

 

 

 

 

 

 

 

(a) Provide a forecast by using a 3-year weighted moving average technique with weights 4, 2, and 1 (4 = most recent).

(b) Forecast sales using a 2-year moving average technique.

(c ) What is the MSE from the 2-year moving average? Round answers to 3 decimal places.

Reference no: EM133127250

Questions Cloud

Control as a price floor or price ceiling : Look at the world around you and identify a price control you observe (you can't use minimum wage, rent control, or others I've used during lecture).
Recommend to address or fix the failure : Identify one or two market failures you observe in the world around you (you can't use general ones like rent control, drugs, minimum wage). How would you class
How would you classify the failure : How would you classify the failure? What policy or strategy would you recommend to address or fix the failure? What trade-offs does your proposed policy entail
How large an object is when viewed with a microscope : A) describes how large an object is when viewed with a microscope
Weighted moving average technique : The sales of Regiferators at the Walmart stores have grown steadily during the past six years as shown in the table below.
Design and implement relational database systems : Design and implement relational database systems through the use of SQL - Write a set of SQL queries to create your normalized tables for building the database
Developing and emerging-market economies peg : When developing and emerging-market economies peg their currencies, what risks do they face to find themselves eventually in a currency crisis? What have they t
Unethical situations in our personal and professional lives : This class is all about ethics. We have all encountered unethical situations in our personal and professional lives.
Developing and emerging-market economies : When developing and emerging-market economies peg their currencies, what risks do they face to find themselves eventually in a currency crisis? What have they t

Reviews

Write a Review

Business Economics Questions & Answers

  Kind of reforms does globalization need

What kind of reforms does globalization need in order for the entire world to progress and benefit from globalization and not only the world's leading nations or the ‘elites' of every country?

  Default risk of corporate bonds

As a result, we would expect the equilibrium price on the corporate bonds to ____ and the yield on the corporate bonds to ____ .

  Levels of communication dramatically

How has the evolution of cell phones changed the levels of communication dramatically.?

  What about the equilibrium quantity

Consider the market for coffee beans. Suppose that the prices of all other caffeinated beverages go up 30 percent while at the same time a new fertilizer boosts production at coffee plantations dramatically. Can you tell what will happen to the equil..

  Investors to judge the relative success of retailer

What metrics or financial measures are used by analysts and investors to judge the relative success of a retailer? Why are each of these measures relevant.

  Calculate the cross elasticity of demand

Calculate the cross elasticity of demand, using the mid-point approach.

  Explain how the great depression affected the us economy

Explain how the great depression affected the us economy, what caused it, why it was so severe, why it lasted for so long, and why the economy finally recovered

  Calculate the effective rate of protection afforded

Assume that the free trade unit price of a lamp is $200 and unit cost of an input for a lamp is $100. Given this information about lamp production in a country, calculate the effective rate of protection (ERP) afforded to the lamp industry by a 12% t..

  Producer under monopoly

Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.

  How many alligators you keep and the amount of money spent

The marginal damage to your neighbor's business is a function of how many alligators you keep and the amount of money spent on a fence that separates your properties:

  What is the dollar amount paid in interest

If the minimum payment is 4% of the outstanding balance, how many months will it take to pay off the entire balance if only the minimum payment is made each mon

  Problem regarding the real income rose

Suppose you compare your income this year and last year and find that your nominal income fell but your real income rose. How could this have happened?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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