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1.
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Question :
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(TCO 5) What is the forecast for May, based on a weighted
moving average applied to the following past-demand data and using the
weights of 3, 2, and 1 (largest weight is for most recent data)?
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Nov.
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Dec.
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Jan.
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Feb.
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Mar.
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Apr.
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91
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140
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98
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110
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123
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101
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Points Received:
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0 of 3
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Comments:
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3.
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Question :
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(TCO 5) Weekly sales of 10-grain bread at the local Whole
Foods Market are in the table below. Based on this data, forecast Week 9
using a 3-week moving average.
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Week
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Demand
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1
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415
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2
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389
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3
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420
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4
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382
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5
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410
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6
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432
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7
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380
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8
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420
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Points Received:
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3 of 3
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Comments:
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6.
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Question :
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(TCO 7) Forecasts are usually classified by time horizon
into three categories. What are they?
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Student Answer:
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=
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Short-range,
medium-short, and long-range
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Finance/accounting,
marketing, and operations
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Strategic,
tactical, and operational
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Exponential
smoothing, regression, and time series
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Long-range,
medium-range, and short-range
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Instructor
Explanation:
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Chapter 3, page 104
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Points Received:
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0 of 3
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Comments:
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