# BUSN 603 BUSN603 Problem Set 4 Answer (APUS)

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BUSN 603 Quantitative Analysis Problem Set 4 Answer (APUS)

Develop a four-month moving average forecast for Wallace Garden Supply and compute the MAD. A three-month moving average forecast was developed in the attached table. You may also view this table at Resources Tab under the Problem Sets Tab.

1. The four-month moving average forecast for Wallace Garden Supply is ___________. (Please round it to an integer and include no units.)
2. The Mean Absolute Deviation (MAD) for the above forecast is Â 7.78 . (Please round it to two decimal points.) Â

3. The three-year moving average forecast for Wallace Garden Supply is Â 13.67 . (Please round it to two decimal points and include no units.)Â

4. The Mean Absolute Deviation (MAD) for the above moving average forecast is Â 2.54 . (Please round it to two decimal points.) Â

5. The three-year weighted moving average forecast for Wallace Garden Supply is Â 14 . (Please round it to an integer and include no units.)Â

6. The Mean Absolute Deviation (MAD) for the above weighted moving average forecast is Â 2.31 . (Please round it to two decimal points.) Â

7. Based on your previous calculation, which method do you think is the best?

8. The starting /initial forecast for the sales of Cool-Man air conditioners is _________. (Please round it to an integer and include no units.)

9. The Year 2 forecast for the sales of Cool-Man air conditioners is Â 422 . (Please round it to an integer and include no units.) Â

10. The Year 6 forecast for the sales of Cool-Man air conditioners is Â 521.83 . (Please round it to two decimal points and include no units.) Â

11. The Mean Absolute Deviation (MAD) for the above exponential smoothing forecast is Â 74.56 . (Please round it to two decimal points.)Â

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