A sporting goods company has sold the following quantities of golf bags over the six months: Jan-54,
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Question:
A sporting goods company has sold the following quantities of golf bags over the six months: Jan-54, Feb-62, Mar-74, Apr-65, May-50, and June-58.
A.) Using a four-month average find the July forecast
B.) Using a weighed moving average of .4, .3, .2, & .1 find the July forecast
C.) Using exponential smoothing with an Alpha = .20 and a June forecast of 56, find the July forecast.
Related Book For
Managing Operations Across the Supply Chain
ISBN: 978-0078024030
2nd edition
Authors: Morgan Swink, Steven Melnyk, Bixby Cooper, Janet Hartley
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