Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Feb 2018 My Price 9.00

ABC Cracker Company

ABC Cracker Company manufactures cheddar cheese fish crackers. They are shipped in full truckloads to the retailer customers’ DCs. Below is the number of truckloads ABC shipped per month during 2015:

2015 TL shipped (demand)  
October 168  
November 191  
December 184  
     
2016   2017 TL shipped (demand)
January 179 197
February 162 179
March 170 187
April 196 216
May 180 198
June 136 150
July 185 204
August 190 209
September 179 197
October 187 206
November 213 234
December 204 224

1. generate all three types of forecasts using the data on the left marked 2015 and 2016. Then on a separate page for each type of forecast, generate the error terms using the demand marked 2017 on the right and the forecast determined from the 2015 and 2016 data.

2. Using a simple 3-period moving average, generate a monthly forecast for 2017

3. Using a simple weighted average, generate a monthly forecast for 2017. Use a three period average, with the weight being: alpha =0.6; alpha–1 =0.25; alpha-2= 0.15.

Answers

Maurice Tutor
(5)
Status NEW Posted 02 Feb 2018 08:02 PM My Price 9.00

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