Question: A product has a consistent year round demand. You are the planner and have been tasked with experimenting with some time series analysis. Using this
A product has a consistent year round demand. You are the planner and have been tasked with experimenting with some time series analysis. Using this previous weekly demand, calculate the following forecasts for each period possible. A) 2 Period Simple moving average B) 3 Period Weighted moving average using weights of .5,.4,.1, C) four period weighted moving average with weights of .5,.2,.2,.1 and D) Exponential Smoothing forecast using an Alpha of .3. and a Week 1 forecast of 800 units. Round all forecasts to whole numbers.
| Week | Demand | SMA | WMA | WMA | EXP Sm .3 |
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| 1 | 790 | 2 Period | .5,.4,.1 | .5, .2 .2, .1 | 800 |
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| 2 | 680 |
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| 3 | 489 |
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| 4 | 825 |
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| 5 | 901 |
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| 6 | 815 |
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| 7 | 756 |
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| 8 | 799 |
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| 9 | 820 |
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| 10 | 890 |
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| 11 | 910 |
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| 12 | 938 |
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