Egg sales are a major concern at MV Grocery. The following gives the demand for the past
Question:
Week Dem
1......................... 250
2......................... 200
3......................... 220
4 ......................... 190
5 ......................... 230
6 ......................... 240
7 ......................... 260
8......................... 230
a. Using a two-week moving average, develop forecasts for weeks 6 through 9.
b. Using a weighted moving average with weights of 0.40, 0.30, 0.20, and 0.10, develop forecasts for weeks 6 through 9
c. Using exponential smoothing with a = 0.4 and a week 5 forecast of 210, find the forecast for week 6.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Operations and Supply Chain Management for the 21st Century
ISBN: 978-1111225292
1st edition
Authors: Ken Boyer, Rohit Verma
Question Posted: