You are given the demand and forecast history for a company. According to this, what is the 2-period simple moving average forecast for Week 11? Week Actual Forecast121.539.3244.547.6335.054.9455.4 62.7564.181.9672.884.3780.2 93.8886.391.59 109.3114.510 115.4116.4

2 period moving average forecast means treating the average actual demand of previous two periods as…

Answered: You are given the demand and forecast…

You are given the demand and forecast history for a company. According to this, what is the 2-period simple moving average forecast for Week 11?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

You are given the demand and forecast history for a company. According to this, what is the 2-period simple moving average forecast for Week 11?

Week Actual Forecast
1
21.5
39.3
2
44.5
47.6
3
35.0
54.9
4
55.4 62.7
5
64.1
81.9
6
72.8
84.3
7
80.2 93.8
8
86.3
91.5
9 109.3
114.5
10 115.4
116.4

Leveraging special tenchniques in analyzing historical data to predict future trends. Forecasting covers the methods and types of forecasting and their application to case studies.

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