focus on the c part of the question. The demand for a product of a company in each of the last twelve months is shown in the table below; Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Demand 37 40 41 37 45 50 43 47 56 52 55 54 - Use the table to compute the following forecast demand for the company; a. Four months simple moving average b. Four months weighted moving average using the weight of 40%, 30% and 20% and 10%respectively. c. Prepare exponential smoothing forecast using smoothing constants of 0.3 and 0.5 present the final answer in a table form and writed down all calculations clearly
focus on the c part of the question. The demand for a product of a company in each of the last twelve months is shown in the table below; Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Demand 37 40 41 37 45 50 43 47 56 52 55 54 - Use the table to compute the following forecast demand for the company; a. Four months simple moving average b. Four months weighted moving average using the weight of 40%, 30% and 20% and 10%respectively. c. Prepare exponential smoothing forecast using smoothing constants of 0.3 and 0.5 present the final answer in a table form and writed down all calculations clearly
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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focus on the c part of the question.
The demand for a product of a company in each of the last twelve months is shown in the table below;
Month |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Demand |
37 |
40 |
41 |
37 |
45 |
50 |
43 |
47 |
56 |
52 |
55 |
54 |
- |
Use the table to compute the following forecast demand for the company;
a. Four months simple moving average
b. Four months weighted moving average using the weight of 40%, 30% and 20% and 10%respectively.
c. Prepare exponential smoothing forecast using smoothing constants of 0.3 and 0.5
present the final answer in a table form and writed down all calculations clearly
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