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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

X

X

April

600

May

500

June

700

July

1,100

August

1,000

September

500

October

500

November

1,100

December

1,630

Total Year

9,530

X-bar

Bias

Bias X-bar

Absolute Deviation

Absolute Deviation x-bar

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