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The Freewheel Motorcycle Dealer in the Chicago Area Wants to Be

Question 120

Essay

The Freewheel motorcycle dealer in the Chicago area wants to be able to forecast accurately the demand for the Freewheel Super Z12 motorcycle. From sales records, the dealer has accumulated the following data for the second half of 2000.
The Freewheel motorcycle dealer in the Chicago area wants to be able to forecast accurately the demand for the Freewheel Super Z12 motorcycle. From sales records, the dealer has accumulated the following data for the second half of 2000.     a) Compute a 3-month moving average forecast of demand for January 2001. b) Compute a 5-month moving average forecast of demand for January 2001.
a) Compute a 3-month moving average forecast of demand for January 2001.
b) Compute a 5-month moving average forecast of demand for January 2001.

Correct Answer:

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a. 44.67; (FT+1 = blured imageAT / n = (36...

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