Question: Problem 3 Computing a weighted moving average Given the following demand data, a. compute weighted average forecast using a weight of .40,.30,.20, and .10. b.

Problem 3 Computing a weighted moving average

Problem 3 Computing a weighted moving average Given the following demand data, a. compute weighted average forecast using a weight of .40,.30,.20, and .10. b. If the actual demand for period 6 is 40, forecast demand for period 7 using the same weights as in part a. Period demand 1 42 2 41 3 40 4 43 5 44 Problem 4 Computing a tracking signal Monthly attendance at the financial conferences for the past 5 months. Determine if the forecast is working for this company. Month (A) Attendance (F) Forecast (A-F) Absolute (A-F) 1 38 32 2 35 27 3 48 51 4 57 50 5 46 48 6 30 32 7 25 35

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