expand icon
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 33
A company has experienced the following demand for a product over the most recent nine months. Develop a weighted moving average using the weights 0.6 and 0.4 applied to the most recent periods, respectively. What is your forecast for period 10?
(Note: a t is the actual demand for the period.)

A company has experienced the following demand for a product over the most recent nine months. Develop a weighted moving average using the weights 0.6 and 0.4 applied to the most recent periods, respectively. What is your forecast for period 10?  (Note: a t is the actual demand for the period.)
Explanation
Verified
like image
like image

Naive forecasting methods:
It is one of...

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