What is the forecast for this year using the naive approach? 2. What is the forecast for
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Question:
2. What is the forecast for this year using a three-period moving average?
3. What is the forecast for this year using a three-period weighted moving average with weights of .5, .3, and .2?
4. What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for TWO years ago was 644?
5. What is the slope of the linear trend line for the data?
6. What is the y intercept for the linear trend line for the data?
7. What is the forecast for this year using the linear trend line for the data?
TIME PERIOD | DEMAND | |
5 years ago | 800 | |
4 years ago | 650 | |
3 years ago | 500 | |
2 years ago | 440 | |
Last year | 350 |
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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