Question: Exercise 1:- Computing a Moving Average Compute a five-period moving average forecast given demand for shopping carts for the last eight periods. Period 2 3

Exercise 1:- Computing a Moving Average Compute a
Exercise 1:- Computing a Moving Average Compute a five-period moving average forecast given demand for shopping carts for the last eight periods. Period 2 3 4 5 6 7 8 9 10 Demand 47 41 63 38 46 39 52 35 F9= If the actual demand in period 9 turns out to be 49, the moving average forecast for period 10 would be: F10= 4,241 F, MA, n n where F, Forecast for time period MA, n period moving average Actual value in period ti n Number of periods in the moving average

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