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Make an exponential smoothing forecast sd025 for periods

Assignment Help Operation Management
Reference no: EM13390101

Consider the following data:

Period

Demand

10

248

11

430

12

324

13

263

14

555

1) Develop  a 3 period moving average forecast for periods 13-15

2) Develop two period weighted moving average model for periods 12-15. Use weights of 0.7 and 0.3, with the most recent observation weighted the highest

3) Develop an exponential smoothing forecast (SD=0.25) for Periods 11-15. Assume the forecast for period 10 was 294.

Reference no: EM13390101

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