Given the following data, develop a demand forecast for period 7 using a 4-period weighted moving average,
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Given the following data, develop a demand forecast for period 7 using a 4-period weighted moving average, with weights of .1, .2, .3, and .4, where .4 is used for the most recent week.
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PERIOD DEMAND 1 7 2 9 3 LO 5 4 9 5 13 1.0 6 8
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Operations Management Sustainability And Supply Chain Management
ISBN: 9780137476442
14th Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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