terested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the leaners. Data for the last 10 weeks are shown here. Week 1 Rentals 18 2 23 3 4 34 17 5 30 6 16 Week 6 7 27 8 25 Forecast 20.75 9 13 . Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to vo decimal places.) 10 15

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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Marianne Kramer, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is
interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the
cleaners. Data for the last 10 weeks are shown here.
Week
1
2
Rentals 18 23
3
34
4
17
5
30
6
16
Week
6
7
27
8
25
Forecast
20.75
9
13
a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to
two decimal places.)
10
15
Transcribed Image Text:Marianne Kramer, the owner of Handy Man Rentals, rents carpet cleaners to contractors and walk-in customers. She is interested in arriving at a forecast of rentals so that she can order the correct quantities of supplies that go with the cleaners. Data for the last 10 weeks are shown here. Week 1 2 Rentals 18 23 3 34 4 17 5 30 6 16 Week 6 7 27 8 25 Forecast 20.75 9 13 a. Prepare a forecast for weeks 6 through 10 by using a 4-week moving average. (Enter your responses rounded to two decimal places.) 10 15
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