We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

PROBLEM:

Mr. Ali, the production manager of XYZ Company, wants to use a Moving-Average method to forecast the future demand; but not sure whether a 3-period moving-average would yield better forecasts or a 4-period moving-average!

The demand data of last 12 months have been given in following table:

Month

Demand (1000 SKUs)

1

20

2

18

3

21

4

24

5

25

6

27

7

22

8

23

9

30

10

20

11

29

12

22

 

You are required to suggest Mr. Ali a more suitable forecasting method by calculating and analyzing:

  1. 3-period moving average forecasts for months 4 – 12 and its Mean Absolute Deviation (MAD)
  2. 4-period moving average forecasts for months 5 – 12 and its Mean Absolute Deviation (MAD)

NOTE:

  • Show the forecasts along with necessary calculations in tabular form.
  • Compare MAD for both methods and clearly mention your suggested method.
  • You may solve the problem in MS Excel and copy-paste the table in GDB comments.

IMPORTANT INSTRUCTIONS:

  • Your discussion must be based on calculations.
  • The GDB will open and close at above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB.
  • Your answer should be relevant to the topic i.e. no definitions & theoretical explanations are required.
  • Do not copy or exchange your answer with other students. Two identical/ copied comments will be marked Zero (0) and may damage your grade in the course.
  • Books, websites and other reading material may be consulted before posting your comments; but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0) even if you provide references.
  • Obnoxious or ignoble answer should be strictly avoided.
  • You cannot participate in the discussion after the due date via email.
  • Questions/ queries related to the content of the GDB posted by the students on MDB or via e-mail, will not be replied till the GDB is open.

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 898

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Dear Students Don’t wait for solution post your problems here and discuss ... after discussion a perfect solution will come in a result. So, Start it now, replies here give your comments according to your knowledge and understandings....

RSS

Latest Activity

Profile IconAzam, Ehtisham Ul Haq, arslan khan and 28 more joined Virtual University of Pakistan
16 minutes ago
+ ! ! ! ! ! ! ! Mobi updated their profile
31 minutes ago
ALEEM QAMAR replied to + M.Tariq Malik's discussion SOC101 Assignment No 01 Fall 2019 Solution & Discussion Due Date: 21-11-2019 in the group SOC101 Introduction to Sociology
33 minutes ago
+ M.Tariq Malik liked +!!! Annie !!!+'s discussion EDU433 Professionalism in Teaching Assignment No 01 Fall 2019 Solution & Discussion
34 minutes ago
+ M.Tariq Malik replied to +!!! Annie !!!+'s discussion EDU654 Addressing problems of learning through technology and pedagogy Assignment No 01 Fall 2019 Solution & Discussion in the group EDU654 Addressing problems of learning through technology and pedagogy
40 minutes ago
+ M.Tariq Malik liked +!!! Annie !!!+'s discussion EDU654 Addressing problems of learning through technology and pedagogy Assignment No 01 Fall 2019 Solution & Discussion
40 minutes ago
+ M.Tariq Malik replied to + M.Tariq Malik's discussion ENG201 Business and Technical English Writing Assignment No 01 Fall 2019 Solution & Discussion in the group ENG201 Business and Technical English Writing
44 minutes ago
彡JK彡 ❤️ and Naser Javed (BBIT-6) are now friends
45 minutes ago
+ M.Tariq Malik replied to + M.Tariq Malik's discussion EDU302 Human Development and Learning Assignment No 01 Fall 2019 Solution & Discussion in the group EDU302 Human Development and Learning
54 minutes ago
+ M.Tariq Malik liked + !! "AS" !!'s discussion Baat Karna ...
56 minutes ago
zobialatif posted photos
58 minutes ago
+ M.Tariq Malik replied to + M.Tariq Malik's discussion MTH302 Business Mathematics & Statistics Assignment No 01 Fall 2019 Solution & Discussion in the group MTH302 Business Mathematics & Statistics
58 minutes ago
Mr khan posted a status
"Admin sab plz find out my assignment solution"
1 hour ago
+ M.Tariq Malik liked + !! "AS" !!'s discussion Yaha Har Cheez ..
1 hour ago
+ M.Tariq Malik replied to + M.Tariq Malik's discussion CS625 Professional Practices Assignment No 01 Fall 2019 Solution & Discussion in the group CS625 Professional Practices
1 hour ago
+ M.Tariq Malik replied to + M.Tariq Malik's discussion CS625 Professional Practices Assignment No 01 Fall 2019 Solution & Discussion in the group CS625 Professional Practices
1 hour ago
+ M.Tariq Malik replied to + !! "AS" !!'s discussion Jis Tarah ..
1 hour ago
+ M.Tariq Malik liked + !! "AS" !!'s discussion Jis Tarah ..
1 hour ago
+ M.Tariq Malik replied to + !! "AS" !!'s discussion Alfaaz Ki Nisbat..
1 hour ago
+ M.Tariq Malik liked + !! "AS" !!'s discussion Alfaaz Ki Nisbat..
1 hour ago

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service