تم الحل ✓
categoryهندسة صناعية وإنتاج
schoolبكالوريوس
event_available2026-07-14
السؤال
Transcribed Image Text:
be more accurate
12-3. The LawnPlus Fertilizer Company distributes fertilizer to various lawn
and garden shops. The company must base its quarterly production
schedule on a forecast of how many tons of fertilizer will be demanded
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from it. The company has gathered the following data for the past three
years from its sales records.
Year
Quarter
Demand for Fertilizer (ton)
1
105
2
150
3
93
121
140
170
7
105
8
150
3
9
150
10
170
11
110
12
130
or
h
g
Ext
80
8
n.
a. Compute a three-quarter moving average forecast for quarters
4 through 13 and compute the forecast error for each quarter.
b. Compute a five-quarter moving average forecast for quarters
6 through 13 and compute the forecast error for each quarter.
c. Compute a weighted three-quarter moving average forecast using
weights of 0.50, 0.33, and 0.17 for the most recent, next recent, and
most distant data, respectively, and compute the forecast error for
each quarter.
d. Compare the forecasts developed in parts (a), (b), and (c) using cu-
mulative error. Which forecast appears to be most accurate? Do any
exhibit any bias?
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