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Table 2 Forecast 2: Weighted Moving Average, Weights = 0.6 (most recent period), 0.3, and 0.1 Period 2015 Actual Shipments 3 Period Moving Average 3
Table 2 Forecast 2: Weighted Moving Average, Weights = 0.6 (most recent period), 0.3, and 0.1 | ||||
Period | 2015 Actual Shipments | 3 Period Moving Average | 3 Period Forecasted Shipments | Error |
January | 400 | X | X | X |
February | 900 | X | X | X |
March | 600 |
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April | 600 |
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May | 500 |
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June | 700 |
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July | 1,100 |
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August | 1,000 |
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September | 500 |
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October | 500 |
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November | 1,100 |
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December | 1,630 |
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Total Year | 9,530 |
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X-bar |
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Bias |
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Bias X-bar |
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Absolute Deviation |
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Absolute Deviation x-bar |
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