Course Solutions Uncategorized Lenovo Uses Zx 81 Chip Laptop Computers Prices Chip Last 4 Months Follows Month January Fe Q34226326

Lenovo Uses Zx 81 Chip Laptop Computers Prices Chip Last 4 Months Follows Month January Fe Q34226326

Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 4 months were as follows: Month January February March April Price Per Chip $1.80 $1.61 $1.61 $1.93 This exercise contains only parts a, b, and c a) Using a 2-month moving average, calculate the forecast for March and April (round your responses to two decimal places) Month Mar Apr Forecast $1.71 $1.61 b) Using a 3-month moving average, calculate the forecast for April. The forecast for April is $ 1.67 (round your response to two decimal places) c) Calculate the mean absolute deviation based on a 2-month average The mean absolute deviation based on 2-month moving average of March through April is response to three decimal places)Lenovo

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