Operations management 3 d2

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Read Problem 6 in Chapter 6 of your textbook.  Calculate and answer parts a through d. Include all calculations and spreadsheets in your post.

 

Explain why the moving average method was used instead of another forecasting method.

 

What might be another forecasting method that could prove to be just as useful? 

 

The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period.

YearMergersYearMergers
200046200683
2001462007123
200262200897
2003452009186
2004642010225
2005612011240

A, Calculate a 5-year moving average to forecast the number of mergers for 2012.

B. Use the moving average technique to determine the forecast for 2005 to 2011. Calculate measurement error using MSE and MAD.

C. Calculate a 5-year weighted moving average to forecast the number of mergers for 2012. Use weights of 0.10, 0.15, 0.20, 0.25, and 0.30, with the most recent year weighted being the largest.

D. Use regression analysis to forecast the number of mergers in 2012.

 

ANY OUTSIDE SOURCES MUST BE PROPERLY CITED IN APA FORM THROUGHOUT THE PAPER WITH AN REFERENCE PAGE ALSO....THIS IS A 400 WORD COUNT PAPER....

 

THIS PAPER IS DUE TODAY 10/29/15 by 6:30 p.m. 9 HOURS FROM NOW THE SOONER THE BETTER NO LATE WORK NO PLAGIARISM MUST BE ORIGINAL WORK...

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