Question: Please answer in 30 mins,its urgent 5. . Given the following demand data, 119 122 Period 1 2 3 4 5 6 7 Demand 118

Please answer in 30 mins,its urgent 5. . Given

Please answer in 30 mins,its urgent

5. . Given the following demand data, 119 122 Period 1 2 3 4 5 6 7 Demand 118 117 120 126 117 a) Calculate a three-period moving average forecast starting from period 5 up to 03 period 8. b) Calculate the forecast of each period using exponential smoothing technique separately for smoothing constant 0.15 & 0.3. Show these both forecast alongside the actual demand in a table and prepare a graph with them. 07

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!