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Chapter 13 Forecasting
Essay specific features
Written by:
Bill F
Date added:
November 18, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1251
Was viewed:
6413 times
Rating of current essay:
Essay content:
62 (37+47+53)/3 = 45.67 16.33 26.34 266.67
Sept. 54 (47+53+62)/3 = 54.00 0.00 0.00 0.00
Oct. 36 (53+62+54)/3 = 56.33 20.33 56.47 413.31
Nov. 32 (62+54+36)/3 = 50.67 18.67 58.34 348.57
Dec. 29 (54+36+32)/3 = 40.67 11.67 40.24 136.19
Total 114.00 291.48 1,762.20
Average 12.67 32.39 195.80
Such results also can be obtained from the Time Series Forecasting Solver:
b...
displayed 300 characters
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Four-month simple moving average
Month Actual Sales Four-Month Simple Absolute Absolute Squared
(Thousands) Moving Average Error % Error Error
Forecast
Apr. 31
May 37 (20+24+27+31)/4 = 25.5 11.50 31.08 132.25
June 47 (24+27+31+37)/4 = 29.75 17.25 36.70 297.56
July 53 (27+31+37+47)/4 = 35.5 17...
displayed 300 characters
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