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
Demand
37
40
41
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
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here