**GSCM 530 DeVry Week 1 Homework Assignment**

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**GSCM 530 DeVry Week 1 Homework Assignment**

**GSCM530**

**GSCM 530 DeVry Week 1 Homework Assignment**

**GSCM 530 DeVry Week 1 Homework Assignment**

Assignment: page 431, Problems 2, 8, and 12

- Given the series of demand data below
- Calculate the forecasts for periods 7 through 11 using moving average models with n = 2, n = 4, and n = 6.
- Calculate the bias and MAD for each set of forecasts. Which moving average model is the best?
- The owner of an online video rental service has recorded the following rentals each week:
- Use a three-week moving average to forecast sales for each of the weeks 4 through 9.
- Use a four-week moving average to forecast sales for each of the weeks 5 through 9.
- Compare the forecasts created by these two methods using mean absolute deviation. Which forecasting method would you recommend?
- Monthly usage data for pallets used in a distribution center are as follows:
- Calculate the monthly usage index for each month.
- Use simple linear regression to forecast total usage of pallets for year 5.
- Forecast the seasonally adjusted usage for pallets for each month in year 5.

Links to sample guide for homework assignment below:

12-02 .viddler.com/embed/67f127aa/?f=1&autoplay=0&player=full&disablebranding=0″>http://www.viddler.com/embed/67f127aa/?f=1&autoplay=0&player=full&disablebranding=0

12-12 .viddler.com/embed/4061df8c/?f=1&autoplay=0&player=full&disablebranding=0″>http://www.viddler.com/embed/4061df8c/?f=1&autoplay=0&player=full&disablebranding=0

12-17 .viddler.com/embed/2f463df5/?f=1&autoplay=0&player=full&disablebranding=0″>http://www.viddler.com/embed/2f463df5/?f=1&autoplay=0&player=full&disablebranding=0