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Mr. Muilenburg wants to forecast the demand for the Boeing 787 Dreamliner using 3 period weighted average. The weights of the periods are: W-3
Mr. Muilenburg wants to forecast the demand for the Boeing 787 Dreamliner using 3 period weighted average. The weights of the periods are: W-3 = 0.2, W-2=0.3 and w.1=0.5. Boeing 787 Dreamliner demands in the past 3 periods was B-3 =2200, B-2= 1950, Bt-1 = 2050. What is the demand that Mr. Muilenburg will forecast as the demand for Boeing 787 Dreamliner for period "t" using this method?
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To calculate the 3period weighted average demand forecast for period t ...
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Operations management
Authors: Jay Heizer, Barry Render
10th edition
978-0136119418, 136119417, 978-0132163927
