Using a two-week moving average develop forecasts for weeks

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Reference no: EM13627604

Egg sales are a major concern at MV Grocery. The following gives the demand for the past eight weeks (in dozens). Week Demand

1 250

2 200

3 220

4 190

5 230

6 240

7 260

8 230

a. Using a two-week moving average, develop forecasts for weeks 6 through 9. b. Using a weighted moving average with weights of 0.40, 0.30, 0.20, and 0.10, develop forecasts for weeks 6 through 9 c. Using exponential smoothing with = 0.4 and a week 5 forecast of 210, find the forecast for week 6.

Reference no: EM13627604

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