DFG Clocks has the following demand history for the past six months: January................................54 February..............................62 March.................................74 April...................................65 May....................................50
Question:
January................................54
February..............................62
March.................................74
April...................................65
May....................................50
June....................................58
a. Using a three-month moving average, find the July forecast.
b. Using a weighted moving average with weights of 0.70, 0.20, and 0.10, find the July forecast.
c. Using exponential smoothing with a = 0.25 and a June forecast of 56, find the July forecast.
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