Question: a. Forecast demand for Year 5 using a three-year moving average. Round your answer to the nearest whole number. pounds b. Forecast demand for Year

a. Forecast demand for Year 5 using a three-year moving average. Round your answer to the nearest whole number. pounds b. Forecast demand for Year 5 using a three-year weighted moving average using 0.50 for Year 4,0.10 for Year 3, and 0.40 for Year 2. Round your answer to the nearest whole number. pounds c. Forecast demand for Year 5 using exponential smoothing with a=0.40, and assuming the forecast for Year 1=69, 700 . Do not round intermediate calculations. Round your answer to the nearest whole number. pounds
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
