Question: Week 2=7000 Week 3=5000 Week 4=3000 Week 5= Predict using the naive forecast Last Period Forecast: Ft+1=Dt where Ft+1= forecast for the next period, t+1
Week 2=7000 Week 3=5000 Week 4=3000 Week 5= Predict using the naive forecast Last Period Forecast: Ft+1=Dt where Ft+1= forecast for the next period, t+1 and Dt= demand for the current period, t Moving Average Weighted Moving Average Forecast Forecast and n = number of most recent demand observations used in the forecast and Wt+1+1= weight assigned to the demand in perio d,t+1i
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