Question: Do this using excel, please show steps & formulas Consider the following demand data. D1=10,D2=20,D3=30,D4=40. ROUND ALL ANSWERS TO THE CLOSEST INTEGER. (a) Use Moving
Do this using excel, please show steps & formulas

Consider the following demand data. D1=10,D2=20,D3=30,D4=40. ROUND ALL ANSWERS TO THE CLOSEST INTEGER. (a) Use Moving Average with N=3 to determine: (i) F4,5=1/3(40+30+20)=30 (ii) F4,6=30 (iii) D5=50. Now find F5,6=1/3(D3+D4+D5)=1/3(120)=40 (iv) F5,7=F5,8=40 (b) Use Exponential Smoothing with alpha =0.5, consider that F4= 30, and determine: (i) F4,5= alpha D4+(1alpha)F4=0.5(40)+0.5(30)=35 (ii) F4,6=35
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
