Question

1. Weighted Moving Average (1 point) Since the SRU holiday break impacted December & January student...

1. Weighted Moving Average (1 point)

Since the SRU holiday break impacted December & January student visits and the Spring Break impacted March student visits, you have assigned a weight on the most recent 3 month values to compensate for the seasonality fluctuations. They weights are: January = 1, February = 4 and March =3.

April’s forecast is _________

Actual

                         Customers

December           178

January 180

February              210

March                   204

April                       ???

2. Exponential Smoothing (1 point)

Using a smoothing constant chosen by management of ? = 0.20, the April forecast is _________.

Actual

                         Customers                 Forecast

December           178                         180

January 180                         176

February              210                         200

March                   204                         200

April                       ???

Homework Answers

Answer #1

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