Weekly Sales of Copy Paper at Cubicle Suppliers Are in the Table

question 70

Essay

Weekly sales of copy paper at Cubicle Suppliers are in the table below. Compute a three-period moving average and a four-period moving average for weeks 5, 6, and 7. Compute MAD for each forecast. Which model is more accurate? Forecast week 8 with the more accurate method.
Week Sales (cases)
1 17
2 21
3 27
4 31
5 19
6 17
7 21

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Definitions:

Standardizing Tasks

The process of making tasks uniform or consistent by setting common procedures or norms.

Repetitive Tasks

Tasks that are performed over and over again without significant change, often required in various job roles.

Customer Design

The customization of products or services to meet the specific needs or preferences of individual customers.

Product Line

A Product Line is a group of related products marketed under a single brand by a company, which usually serves a similar market segment or satisfies a particular customer need.