Question
(14 marks) 5. Monthly demand over the past 10 months is given in what follows. Using a three- month moving average, calculate the forecasts
(14 marks) 5. Monthly demand over the past 10 months is given in what follows. Using a three- month moving average, calculate the forecasts for month 4, 5, 6, 7, 8, 9, and 10. Fill the results (2 points each) in the table. Month Actual Demand Forecast 1 102 2 91 3 95 4 105 5 94 6 100 7 106 8 95 9 105 10 (10 marks)6, For the following data, calculate the mean absolute deviation. Please write down the procedure as well. Period Forecast Actual Demand 1 100 105 2 105 95 3 110 90 4 115 135 5 120 105 00 6 125 120
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Introduction To Materials Management
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
8th edition
9386873249, 134156323, 978-9386873248
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