Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lenovo uses the zx-81 chip in some of its laptop c

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the...

60.1K

Verified Solution

Question

Accounting

image

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.90 $1.95 Month July August September October November December Price Per Chip $1.80 $1.85 $1.70 $1.55 $1.50 $1.75 This exercise contains only parts a, b, and c. a) Using a 2-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Mar Apr Jun Jul Sep Oct Noy Dec May 1.73 Aug 1.88 Forecast $1.76 1.61 1.88 1.93 1.83 1.78 1.63 1.53 b) Using a 3-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Month Apr Jun Jul Aug Sep Oct Nov Dec May 1.69 Forecast $1.70 1.78 1.90 1.88 1.87 1.78

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students