(TCO 1) The type of budget that allows for adjustments to unpredictable changes is called a:
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day moving average.
(TCO 2) Using the table “Paint Sales Time Series”, calculate the mean absolute deviation for a three day moving average.
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day weighted moving average. Use a weight of .60 for the most recent observation, .30 for the second most recent, and .10 for the third most recent.
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using exponential smoothing and a smoothing constant of .10.
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(TCO 1) The type of budget that allows for adjustments to unpredictable changes is called a:
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day moving average.
(TCO 2) Using the table “Paint Sales Time Series”, calculate the mean absolute deviation for a three day moving average.
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using a three day weighted moving average. Use a weight of .60 for the most recent observation, .30 for the second most recent, and .10 for the third most recent.
(TCO 2) Using the table “Gasoline Sales Time Series”, calculate the forecast for gasoline sales (in thousands) for Week 13 using exponential smoothing and a smoothing constant of .10.