Daily highs in Sacramento for the past week were: 95, 102, 101, 96, 95, 90, and 92.
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Question:
Daily highs in Sacramento for the past week were: 95, 102, 101, 96, 95, 90, and 92.
Develop a forecast for today using a weighted moving average with weights of .6, .3 and .1 where the highest weights are applied to the most recent data.
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
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