Calculate the average demand for each period from April to December using the 3-month simple moving average. Presents calculations and findings in a clear and organized manner. b. Discuss any trends or patterns observed in the calculated moving average demand values. c. Make an interpretation of the results and their implications for forecasting demand in care center operations.

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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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Exercise 1:

You are the operations manager at the company Servicios de Salud, Inc., which provides care services to the elderly. An important aspect of your job is ensuring that nursing homes have a healthy inventory of nutritional drinks for residents. Below is the historical demand for the product for one year:

Month

Historical demand (boxes)

Forecasted demand (boxes)

January

300

 

February

340

 

March

370

 

April

410

¿?

May

470

¿?

June

570

¿?

July

630

¿?

August

720

¿?

September

640

¿?

October

460

¿?

November

420

¿?

December

390

¿?

a. Calculate the average demand for each period from April to December using the 3-month simple moving average. Presents calculations and findings in a clear and organized manner.

b. Discuss any trends or patterns observed in the calculated moving average demand values.

c. Make an interpretation of the results and their implications for forecasting demand in care center operations.

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