Question: Problem 1 8 - 1 1 ( Algo ) Not all the items in your office supply store are evenly distributed as far as demand
Problem Algo
Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you decide to forecast demand to help plan your stock. Past data for legalsized yellow tablets for the month of August are
tableWeek Week Week Week
a Using a threeweek moving average, what would you forecast the next week to be
Note: Round your answer to the nearest whole number.
b Using exponential smoothing with if the exponential forecast for week was estimated as the average of the first two weeks what would you forecast week to be
Note: Round your answer to the nearest whole number.
Forecast for week
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