Question: Instruction: Please use weighted moving average method ( 4 periods ) to forecast the demand for peirods 5 - 1 3 Weighted Moving Average Forecast

Instruction: Please use weighted moving average method (4 periods) to forecast the demand
for peirods 5-13
Weighted Moving Average Forecast (4 periods)
Description Weight
Fourth most recent period 0.1
Third most recent period 0.3
Second most recent period 0.2
Most recent period 0.4
Total 1
Period Actual DemandForecast
11,200
22,200
32,000
41,300
52,500
63,500
73,300
83,200
94,300
104,800
114,400
124,300
13

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!