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Given the following historical demand, what is the 4 - period ( n = 4 ) moving ave Week 6 ? Week 1 = 4

Given the following historical demand, what is the 4-period (n=4) moving ave
Week 6?
Week 1=4000
Week 2=6000
Week 3=8000
Week 4=10000
Week 5=12000
Week 6= Predict using the 4-period (n=4) moving average forecast
Last Period Forecast:
Ft+1=Dt
where Ft+1= forecast for the next period, t+1
and Dt= demand for the current period, t
Moving Average
Forecast
Weighted Moving Average
Forecast
Ft+1=i=1nDt+1-inFt+1=i=1nWt+1-iDt+1-i
and n= number of most recent demand observations used in the forecast and Wt+1-i= weight assigned to the demand in perio d,t+1-i
8000
10000
12000
9000
11000
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