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The table below contains actual demand data, numbered time periods and forecasts generated through a number of methods (the forecast method is specified in the
The table below contains actual demand data, numbered time periods and forecasts generated through a number of methods (the forecast method is specified in the top row).
Please drag and drop the values to the correct position in the table.
\begin{tabular}{|c|c|c|c|c|c|} \hline Time & \begin{tabular}{l} Actual \\ Demand \end{tabular} & \begin{tabular}{l} Moving \\ Average \\ Forecast \\ (n=4) \end{tabular} & \begin{tabular}{l} Moving \\ Average \\ Forecast \\ (n=2) \end{tabular} & \begin{tabular}{l} Exponential \\ Smoothing \\ (=0.8) \end{tabular} & \begin{tabular}{l} Exponential \\ Smoothing \\ (=0.2) \end{tabular} \\ \hline 2 & 569 & 569 & 569 & 569 & 569 \\ \hline 3 & 821 & 821 & 821 & 569 & 569 \\ \hline 4 & 1806 & 1806 & 695 & 771 & 619 \\ \hline 5 & 1616 & 1616 & 1314 & 1599 & 857 \\ \hline 6 & 1644 & 1203 & 1711 & 1613 & \\ \hline 7 & 808 & 1472 & & 1638 & 1136 \\ \hline 8 & 1050 & 1469 & 1226 & & 1070 \\ \hline 9 & 1986 & 1280 & 929 & 1035 & 1066 \\ \hline 10 & 1067 & 1372 & 1518 & 1796 & 1250 \\ \hline 11 & 1260 & & & 1213 & 1213 \\ \hline 12 & 1522 & 1341 & 1164 & 1251 & 1223 \\ \hline 13 & 1326 & 1459 & 1391 & 1468 & \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 1228 \\ \hline \hline 1630 \\ \hline \hline 1527 \\ \hline \hline 974 \\ \hline \hline 1009 \\ \hline 1283 \\ \hline \end{tabular}Step by Step Solution
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