Question: Using the numbers in the Below Table calculate a three-period moving average. At = Dt + Dt1 + + DtN+1/N Period Actual Demand Forecast 1

  1. Using the numbers in the Below Table calculate a three-period moving average. At = Dt + Dt1 + + DtN+1/N

Period

Actual Demand

Forecast

1

15

2

25

3

33

4

??

  1. What will the forecast of November be, if October forecast was 29, but the actual sales was 19, Use Alpha () of 0.1? Ft+1 = Ft + (Dt Ft

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