Question: Q.No 2. a) Using below data predict data applying nave forecast and moving average, weighted moving average and exponential smoothing using alpha=.40 up till period

Q.No 2. a) Using below data predict data applying nave forecast and moving average, weighted moving average and exponential smoothing using alpha=.40 up till period 12 Assume that n=2 and W- 3+2+1 Also give the benefits/drawbacks for each of the method. Week Demand 1 125 2 175 3 150 4 150 5 160 6 140 7 155 8 170 9 165 10 135 11 140

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!