A local restaurant has recorded the demand for bottled water in each of the last 15 months of business. Use the recorded demand data below to develop three-period and four-period moving-average forecasts for bottles of water. Round off all calculations to two decimal places. Maintaining two decimal places is required for all calculations.
Period Demand Period Demand Period Demand
1 4516 6 5267 11 5489
2 4769 7 5083 12 5942
3 4814 8 4689 13 5616
4 5958 9 5321 14 4785
5 5284 10 5475 15 4675
What is the forecast for period 16 using the three-period weighted method?
(Weights are t=0.5, t-1=0.4 and t-2=0.1)
(A) Less than or equal to 4500
(B) Greater than 4500 but less than or equal to 4600
(C) Greater than 4600 but less than or equal to 4700
(D) Greater than 5700 but less than or equal to 4800
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A local restaurant has recorded the demand for bottled water in each of the last 15 months of business. Use the recorded demand data below ...” in 📗 Biology if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Briefly describe three possible driving forces of tectonic plate movement
Answers (1)
Write a word or phrase beginning with each letter of change
Answers (1)
Which of these is true about vaccines? A They prevent viruses from replicating once you are infected. B They are not effective at giving people immunity against a virus. C They cause the body to produce antibodies against a specific virus.
Answers (1)
Which of the following statements shows an example of operant conditioning? A.) A chicken learns that if it pecks on a button, a food pellet will be released into its cage. B.) Pavlov taught a dog to salivate every time it heard a bell. C.
Answers (1)
Which of the following constitutes the primary structure of a protein? A. The folding of a polypeptide chain B. The linear sequence of amino acids in a polypeptide chair C. The polypeptide chains stacked on top of each other D. A pleated sheet E.
Answers (2)
New Questions in Biology
Which statement best describes the relationship between activation energy and rate of reaction? O Increasing the activation energy can increase the rate of a reaction. O Reducing the activation energy can increase the rate of a reaction.
Answers (2)
Definition: this is a haploid cell with half the reproductive information from the parent.
Answers (1)
Does a cell use energy when molecules diffuse in or out of the cell? Why?
Answers (1)
Below is a list of possible challenges. Check all errors that you mentioned in your answer. Traits other than beak type might affect natural selection. It could take many generations to observe adaptions to a population.
Answers (1)
A farmer dug a well but did not find any water Which reasons most likely explain why the farmer did not find water? Check all that apply.
Answers (2)