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A company has the following demand for the previous nine weeks

Accounting

A company has the following demand for the previous nine weeks. Use the information to develop:

a. a four-period simple moving average and a forecast for period 10.

b. develop a four-period weighted moving average using the weights 0.4, 0.3, 0.2, and 0.1.

c. develop a single exponential forecast for period 10 using a smoothing constant, a, equal to 0.25. Use 403 as the initial forecast.

 

Period Actual Demand: A_t
1 403
2 422
3 325
4 428
5 332
6 317
7 376
8 478
9 382

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