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The Number of Plumbing Repair Jobs Performed by Auger's Plumbing

Question 49

Essay

The number of plumbing repair jobs performed by Auger's Plumbing Service in each of the last nine months are listed below.  Month  Jobs  Month  Jobs  Month  Jobs  March 353 June 374 September 399 April 387 July 396 October 412 May 342 August 409 November 408\begin{array} { c c | c c | c c } \text { Month } & \text { Jobs } & \text { Month } & \text { Jobs } & \text { Month } & \text { Jobs } \\\hline \text { March } & 353 & \text { June } & 374 & \text { September } & 399 \\\text { April } & 387 & \text { July } & 396 & \text { October } & 412 \\\text { May } & 342 & \text { August } & 409 & \text { November } & 408\end{array}
a.Assuming a linear trend function, forecast the number of repair jobs Auger's will perform in December using the least squares method.
b.What is your forecast for December using a three-period weighted moving average with weights of .6, .3, and .1? How does it compare with your forecast from part (a)?

Correct Answer:

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a.T10 = 349.667 + (10)...

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