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1. Question : (TCO 5) What is the forecast for May, based on a weighted

24 May 1. Question : (TCO 5) What is the forecast for May, based on a weighted

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1. Question : (TCO 5) What is the forecast for May, based on a weighted moving average applied to the following past-demand data and using the weights of 3, 2, and 1 (largest weight is for most recent data)?

Nov. Dec. Jan. Feb. Mar. Apr.
91 140 98 110 123 101
Student Answer: 44.1
110.7
108.8
109.83
Instructor Explanation: W/M/A = [(3 x 101) + (2 x 123) + (1 x 110)]/6 = [303 + 246 + 110]/6 = 659/6 = 109.83 (See Formula 4-2 & example that follows, Chapter 4, pages 137-139)
Points Received: 0 of 3
Comments:

2. Question : (TCO 5) In May, the actual product demand was 195 units. For this month, 200 units had been forecasted. Using exponential smoothing with an alpha of 0.3, determine the June forecast.
Points Received: 3 of 3
Comments:

3. Question : (TCO 5) Weekly sales of 10-grain bread at the local Whole Foods Market are in the table below. Based on this data, forecast Week 9 using a 3-week moving average.

Week Demand
1 415
2 389
3 420
4 382
5 410
6 432
7 380
8 420

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