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Question
What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights: 4, 3, 2 (largest weight is for most recent data)?
| Nov. | Dec. | Jan. | Feb. | Mar. | April |
| 37 | 36 | 40 | 42 | 47 | 43 |
Answer
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Weight Day
Package 1
Package 2
Package 3
Package 4 Monday
23
22
23
24 Tuesday
23
21
19
21 Wednesday
20
19
20
21 Thursday
18
19
20
19 Friday
18
20
22
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Answer:
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