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

Exercise 27

The demand for a consumer product is fairly constant from week to week. The previous nine weeks of demand is shown below ( a t is the actual period's demand). Use the information to produce a weighted moving average with the following weights: 0.45, 0.35, and 0.20. More recent periods receive a larger weight. Produce a forecast for period 10.