1. Business
  2. Operations Management
  3. 1 greys audiovisual rents audio and visual equipment to musicians...

Question: 1 greys audiovisual rents audio and visual equipment to musicians...

Question details

1. Greys Audiovisual rents audio and visual equipment to musicians for local concerts. The company is interested in forecasting the rentals for the d2-console so that it can make sure the d2-console is on hand when needed. The d2-console data for the last 10 months are shown here. MONTH Jan Feb March April May DEMAND 23 24 32 26 31 MONTH June July Aug Sept. Oct. DEMAND 28 32 35 26 24 a. Prepare a forecast for months 6 through 10 by using three- and five-month moving averages . What is the forecast for month 11?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution