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Calculate the forecasts for period possible

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Reference no: EM133155667

A product has a consistent year round demand. You are the planner and have been tasked with experimenting with some time series analysis.  Using this previous weekly  demand, calculate the following forecasts for each period possible. A) 4 Period Simple moving average  B) 3 Period Weighted moving average using weights of .7,.2,.1,  C)  four period weighted moving average with weights of .4,.3,.2,.1 and D) Exponential Smoothing forecast using an Alpha of .25. and a Week 1 forecast of 1900 units.  Round all forecasts to whole numbers. 

Week 

Demand

SMA

WMA

WMA

EXP Sm .25

1

1850

4 Period

.7,.2,.1 

.4, .3, .2, .1

1900

2

1760

 

 

 

 

3

1832

 

 

 

 

4

1895

 

 

 

 

5

1906

 

 

 

 

6

1852

 

 

 

 

7

1786

 

 

 

 

8

1790

 

 

 

 

9

1809

 

 

 

 

10

1925

 

 

 

 

11

1948

 

 

 

 

12

1960

 

 

 

 

Reference no: EM133155667

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