GSCM 530 DeVry Week 1 Homework Assignment

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GSCM 530 DeVry Week 1 Homework Assignment GSCM530 GSCM 530 DeVry Week 1 Homework Assignment GSCM 530 DeVry Week 1 Homework Assignment Assignment: page 431, Problems 2, 8, and 12 2. Given the series of demand data below a. Calculate the forecasts for periods 7 through 11 using moving average models with n = 2, n = 4, and n = 6. b. Calculate the bias and MAD for each set of forecasts. Which moving average model is the best? 8. The owner of an online video rental service has recorded the following rentals each week: a. Use a three-week moving average to forecast sales for each of the weeks 4 through 9. b. Use a four-week moving average to forecast sales for each of the weeks 5

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GSCM 530 DeVry Week 1 Homework Assignment GSCM530 GSCM 530 DeVry Week 1 Homework Assignment GSCM 530 DeVry Week 1 Homework Assignment Assignment: page 431, Problems 2, 8, and 12 2. Given the series of demand data below a. Calculate the forecasts for periods 7 through 11 using moving average models with n = 2, n = 4, and n = 6. b. Calculate the bias and MAD for each set of forecasts. Which moving average model is the best? 8. The owner of an online video rental service has recorded the following rentals each week: a. Use a three-week moving average to forecast sales for each of the weeks 4 through 9. b. Use a four-week moving average to forecast sales for each of the weeks 5

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