Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company Metalworks produces metal plates that are used in construction. You are a planning manager for Metalworks. Forecast below shows historical sales of metal plates
Company Metalworks produces metal plates that are used in construction. You are a planning manager for Metalworks.
Forecast below shows historical sales of metal plates assemblies that are used in construction.
Lead time for metal material is weeks and you need to provide materials forecast to your suppliers, that will provide firm re
You need to generate forecast for metal plates to ensure you will be able to distribute this information to check internal and
Today is Jan Listed below are the historical sales
Calculate a forecast using a simple months moving average
Calculate the forecast using period weighted moving average. Use weights of and for the most recent period, second most recent period and rd most recent period accordingly
Calculate the forecast using exponential smoothing method. Assume the forecast per period is and alpha is
Por favor revisa con atencin debemos completar la columna del ao no cometas errores
Simple Moving Average
Jan
Feb
March
April
May
June
July
August
September
October
November
December
Weighted Moving Average
Jan
Feb
March
April
May
June
July
August
September
October
November
December
Exponential Smoothing
Jan
Feb
March
April
May
June
July
August
September
October
November
December
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started