For the given data generate the forecast for each of the time period using moving average for n=3 periods and weighted moving average for n=4, also find the forecast for the 9th 10th and 11th. S.NO DEMANDS MOVING AVERAGE n=3 WEIGHTED MOVING AVERAGE n=4 1 100 2 120 110 4 130 110 5 140 120 119 160 126.67 129 7 150 143.33 143 8 140 150 148

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
icon
Related questions
icon
Concept explainers
Question
For the given data generate the forecast for each of the time period using moving average for n=3
periods and weighted moving average for n=D4, also find the forecast for the 9th 10th and 11th.
S.NO
DEMANDS
MOVING AVERAGE n=3
WEIGHTED MOVING
AVERAGE n=4
1
100
2
120
3
110
4
130
110
140
120
119
160
126.67
129
7
150
143.33
143
8
140
150
148
9.
150
147
Transcribed Image Text:For the given data generate the forecast for each of the time period using moving average for n=3 periods and weighted moving average for n=D4, also find the forecast for the 9th 10th and 11th. S.NO DEMANDS MOVING AVERAGE n=3 WEIGHTED MOVING AVERAGE n=4 1 100 2 120 3 110 4 130 110 140 120 119 160 126.67 129 7 150 143.33 143 8 140 150 148 9. 150 147
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
General Safety Guidelines
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, mechanical-engineering and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Elements Of Electromagnetics
Elements Of Electromagnetics
Mechanical Engineering
ISBN:
9780190698614
Author:
Sadiku, Matthew N. O.
Publisher:
Oxford University Press
Mechanics of Materials (10th Edition)
Mechanics of Materials (10th Edition)
Mechanical Engineering
ISBN:
9780134319650
Author:
Russell C. Hibbeler
Publisher:
PEARSON
Thermodynamics: An Engineering Approach
Thermodynamics: An Engineering Approach
Mechanical Engineering
ISBN:
9781259822674
Author:
Yunus A. Cengel Dr., Michael A. Boles
Publisher:
McGraw-Hill Education
Control Systems Engineering
Control Systems Engineering
Mechanical Engineering
ISBN:
9781118170519
Author:
Norman S. Nise
Publisher:
WILEY
Mechanics of Materials (MindTap Course List)
Mechanics of Materials (MindTap Course List)
Mechanical Engineering
ISBN:
9781337093347
Author:
Barry J. Goodno, James M. Gere
Publisher:
Cengage Learning
Engineering Mechanics: Statics
Engineering Mechanics: Statics
Mechanical Engineering
ISBN:
9781118807330
Author:
James L. Meriam, L. G. Kraige, J. N. Bolton
Publisher:
WILEY