Question: QUESTION 3 Given the information in the table below for sales of bread in a spaza shop, give a detailed calculation of the forecasts for:

QUESTION 3

Given the information in the table below for sales of bread in a spaza shop, give a detailed calculation of the forecasts for: -

  1. Period 4 using a three-period moving average [5 marks]
  2. Period 7 using a four-period weighted moving average [6 marks]
PERIOD DEMAND WEIGHTING
1 56
2 76
3 58 20%
4 67 30%
5 75 40%
6 76 50%
7

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