Question: DEMAND FORECASTING - SIMPLE MOVING AVERAGE 5 Guys Burger Joint just opened a new store in Warner Robins, and they are trying to figure out

DEMAND FORECASTING - SIMPLE MOVING AVERAGE

5 Guys Burger Joint just opened a new store in Warner Robins, and they are trying to figure out how to forecast the number of hamburger buns to keep on hand. They decided to use the Simple Moving Average to help them, since this is a new store in a new location. The usage of the buns were observed for 15 weeks.

Week Demand

Please calculate the moving averages listed below!!

3-week moving average, 4-week moving average, 5-week moving average. What is the moving average for the 16 month?

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