ScantronAssignment4-R07

ScantronAssignment4- - MGMT 3100 HOMEWORK ASSIGNMENT#4 NOTE1 Questions 1-50 = 3 points each Questions 51-100 = 7 points each NOTE2 YOU ONLY NEED TO

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MGMT 3100 HOMEWORK ASSIGNMENT #4 NOTE1: Questions 1-50 = 3 points each, Questions 51-100 = 7 points each NOTE2: YOU ONLY NEED TO TURN IN YOUR SCANTRONS FOR THIS ONE PROBLEM 1 Consider problem 13.2 i n the book (page 637). *Question 1. The forecast for next month by the “last-value” method in whole numbers is about: a) 15 b) 13 c) 14 d) 16 e) none of the above *Question 2. The forecast for next month by the “averaging” method in whole numbers is about: a) 15 b) 13 c) 14 d) 16 e) none of the above *Question 3. The forecast for next month by the “moving averages” method with the 3 most recent months considered in whole numbers is about: a) 15 b) 13 c) 14 d) 16 e) none of the above PROBLEM 2 Consider problem 13.17 i n the book (page 640). **Question 51. If Ben had used the “last-value” method all along to forecast his sales starting with February approximately what would have been the MSE of his forecasts for the last 11 months of the year? a) 5.2 b) 30.6 c) 12.6 d) 7.2 e) none of the above **Question 52 If Ben had used the “average” method instead what would have been the MSE? a) 11.1 b) 30.6 c) 5.18 d) 24.3 e) none of the above **Question 53. If Ben had used the “moving-average” method with 3 months averaging instead, what would have been the MSE? a) 30.6 b) 17.4 c) 12.6 d) 11.1 e) none of the above *Question 4. Using the MSEs you calculated which one you think is a better method? a) last-value b) averaging c) moving-averages with 3 months PROBLEM 3 2-1
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Download the Problem3.xls file from Blackboard. It contains 10 years of Quarterly Shipment data (in millions of units) of a certain seasonal product. First of all calculate the
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This homework help was uploaded on 04/17/2008 for the course MGMT 3100 taught by Professor Camateros during the Winter '08 term at CSU East Bay.

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ScantronAssignment4- - MGMT 3100 HOMEWORK ASSIGNMENT#4 NOTE1 Questions 1-50 = 3 points each Questions 51-100 = 7 points each NOTE2 YOU ONLY NEED TO

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