Question: SUBJECT: PRODUCTION MANAGEMENT KINDLY DO NOT USE MS EXCEL FOR CALCULATION, HANDWRITTEN ANSWERS APPRECIATED NO FURTHER INFORMATION AVAILABLE REGARDING QUESTION A food processing company uses

SUBJECT: PRODUCTION MANAGEMENT KINDLY DO NOT USE

SUBJECT: PRODUCTION MANAGEMENT

KINDLY DO NOT USE MS EXCEL FOR CALCULATION, HANDWRITTEN ANSWERS APPRECIATED

NO FURTHER INFORMATION AVAILABLE REGARDING QUESTION

A food processing company uses a moving average to forecast the next months demand. The actual demand in the past 9 months is as shown below: Month Demand 105 2 106 3 110 110 5 114 6 121 7 130 8 128 9 137 a) Calculate the simple 5 month moving average to forecast the demand for the 10th month. b) Calculate the 3 month weighted moving average where the weights starting from the recent months are 3, 2 and 1. a) b)

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