Project manufacturing capacity utilization

Sigchi4life
Category:
Business & Finance
Price: $10 USD

Question description

Use the table “Manufacturing Capacity Utilization” to answer the questions below.

Manufacturing Capacity Utilization

In Percentages

Day

Utilization

Day

Utilization

1

82.5

9

78.8

2

81.3

10

78.7

3

81.3

11

78.4

4

79.0

12

80.0

5

76.6

13

80.7

6

78.0

14

80.7

7

78.4

15

80.8

8

78.0



Part (a) What is the project manufacturing capacity utilization for Day 16 using a three day moving average? 
Part (b) What is the project manufacturing capacity utilization for Day 16 using a six day moving average?
Part (c) Use the mean absolute deviation (MAD) and mean square error (MSE) to determine which average provides the better forecast

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