Question: 1. Using the 3-month moving average forecast technique, what is the forecasted demand for cylinder coils for January? Round your answer to the next highest
1. Using the 3-month moving average forecast technique, what is the forecasted demand for cylinder coils for January? Round your answer to the next highest whole number.
2. Using the 4-month moving average forecast technique, what is the forecasted demand for cylinder coils for January? Round your answer to the next highest whole number.
3. Using the 3-period weighted moving average forecast, what is the forecasted demand of cylinder coils for January. The weight for time periods are as follows: t = .6, t - 1 = .3, and t-2 = .1
Round your answer to the next highest whole number.
4. Using the 4-period weighted moving average forecast, what is the forecasted demand of cylinder coils for January. The weight for time periods are as follows: t = .4, t - 1 = .3, t-2 = .2, and t-3 = .1
Round your answer to the next highest whole number.
5. Using exponential smoothing with a smoothing value of .4, what is the forecasted demand of cylinder coils for January. Assume that the forecast for August matched actual demand.
Round your answer to the next highest whole number
Shad, a recent lowa State University Supply Chain Management graduate, accepted a role as a demand planner for Titan Hydraulics. Shad is responsible for ensuring the company has enough component parts on-hand to produce hydraulic lifts for automotive repair shops. A key component of these lifts is t cylinder coil. Using the information below, and the forecasting techniques learned in class, answer the following questions
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