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book Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb cover

Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb

Edition 1ISBN: 9780134110219
book Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb cover

Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb

Edition 1ISBN: 9780134110219
Exercise 22
A company has the following demand (a t ) for the previous nine weeks. Use the information to develop a four-period weighted moving average using the weights 0.4, 0.3, 0.2, and 0.1, with the largest weighs applied to the most current data. Be sure to compute a forecast for period 10.
A company has the following demand (a t ) for the previous nine weeks. Use the information to develop a four-period weighted moving average using the weights 0.4, 0.3, 0.2, and 0.1, with the largest weighs applied to the most current data. Be sure to compute a forecast for period 10.
Explanation
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Naive forecasting methods:
It is one of...

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Managing Supply Chain and Operations 1st Edition by Thomas Foster ,Scott Sampson,Cynthia Wallin,Scott Webb
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