Question: Using the actual demand shown in the table below, what is the forecast for June (round to whole number) using a 3-month weighted moving average

Using the actual demand shown in the table below,
Using the actual demand shown in the table below,
Using the actual demand shown in the table below, what is the forecast for June (round to whole number) using a 3-month weighted moving average and the weights 0.2, 0.3, 0.5 (remember how to apply them)? May Feb 40 Mar 44 Apr 48 50 Dec. Jan 39 36 O a. 48 O b. 52 O c. 54 O d. 46 O O O Data Set A1 Period 1 60 cv own Actual Sales Volume 10,000 11,400 14,550 15,050 17,250 18,500 15,700 19,500 22.200 21,550 Using Data Set A1, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast for period 4 is 14000. Use a smoothing constant of a = 0.4 (Choose the closest answer. O a. 15,350 O b. 15,050 O c. 14,420 d. 14,575

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!