Milka makes boxes of chocolates for which the demand is uncertain. " Quarterly demand (in boxes of chocolates) for the last 3 years follows: Quarter Year 1 Year 2 Year 3 1 3,000 3,300 3,502 1,700 2,100 2,448 900 1,500 1,768 4 4,400 5,100 5,882 Total 10,000 12,000 13,600 a- Use intuition and judgment to estimate quarterly demand for the fourth year. b- Use weighted moving average to estimate the demand for every quarter in the fourth year. Try to calculate the weights from historical data of last two years

Milka makes boxes of chocolates for which the demand is uncertain. " Quarterly demand (in boxes of chocolates) for the last 3 years follows: Quarter Year 1 Year 2 Year 3 1 3,000 3,300 3,502 1,700 2,100 2,448 900 1,500 1,768 4 4,400 5,100 5,882 Total 10,000 12,000 13,600 a- Use intuition and judgment to estimate quarterly demand for the fourth year. b- Use weighted moving average to estimate the demand for every quarter in the fourth year. Try to calculate the weights from historical data of last two years

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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