What did amy report as the forecast in thousands

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An international distribution company of containers has operated a 6-million unit capacity warehouse in Manila to service customers between the Asian continent and the North American continent for the past four years.

Liann Able, VP of logistics, sent the quarterly time series, which are the number of units in thousands serviced through the warehouse, to three of her analysts and asked them to bring forecasts to the next planning meeting for discussion. Liann convened the meeting and asked each analyst to report.


Quarter 1

Quarter 2

Quarter 3

Quarter 4

Year 1

3197

5143

1807

973

Year 2

3289

5291

1859

1001

Year 3

3381

5439

1911

1029

Year 4

3473

5587

1963

1057

Question 1. Amy assumed a stationary time series with only a random component. Amy reported using a three point moving average. What did Amy report as the forecast in thousands for the first quarter of year five?

(A) 3335 (B) 3565 (C) 2869 (D) 3657 (E) none of the above

Question 2. Bob assumed a stationary time series with seasonal and random components. What did Bob report as the forecast in thousands for the first quarter of year five?

(A) 3335 (B) 3565 (C) 2869 (D) 3657 (E) none of the above

Question 3. Carl assumed a non-stationary time series with linear trend, seasonal, and random components. What did Carl report as the forecast in thousands for the first quarter of year six?

(A) 3335 (B) 3565 (C) 2869 (D) 3657 (E) none of the above

Reference no: EM131841750

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