Equation - Ft = moving average forecast for period t; n = time span, the number of demand periods include in the computed average; and D = actual demand
The forecast for march - based on a 5 month moving average applied to the following past demand data is approximately:
SEP:27, OCT: 32, NOV:31, DEC:27, JAN:27, FEB:32
Please explain - I cannot figure this one out
The correct answer is B.
When making forecasts using an n-period moving average, you use the average ...
Help is given with making forecasts using an n-period moving average.