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Forecasting Methods
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.
Year Mergers Year Mergers
2000 46 2006 83
2001 46 2007 123
2002 62 2008 97
2003 45 2009 186
2004 64 2010 225
2005 61 2011 240
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.
As a maintenance manager, examine and explain the effect of component/system redundancy on the maintenance organization. What factors must be considered when determining redundancy requirements? What is the purpose of the Maintenance Type Board (MTB..
Determine how much information a firm is obliged to tell a potential strategic alliance partner about what it expects to learn from the cooperative arrangemen
Provide some examples in business or daily life in which a controlled process is erroneously adjusted and an out-of-control process is ignored. What implications do these errors have?
Elucidate what is the discovery process as it applies to a certificate action also Elucidate what role discovery plays in expediting civil legal proceedings.
Which of the following is an INCORRECT statement regarding efficiency and effectiveness?
determine the manner in which the project manager and project team uses the wbs to develop a reliable bottom-up
what ways might these challenges differ if the temporary workers have been hired on a temp-to-perm basis rather than on a strictly temporary basis.
An engineering firm retains a technical specialist to assist four design engineers working on a project. The help that the specialist gives engineers ranges widely in time consumption. How many engineers, on average, are waiting for the technical spe..
Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure that strategic decisions are made effectively.
Explore what factors have enabled it to survive. What changes can it implement to ensure its continued existence
Any required organizational change management strategies that would enhance successful implementation. Key success factors, budget, and forecasted financials, including a break-even chart
Explain the difference between using "lagging indicators" and "leading indicators" and how each of these aid in measuring a company's safety performance and safety program. your response must be at least 200 words in length. You are required to use a..
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