Weighted Moving Average
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What is weighted moving average with weights w1= .2 w2= .3 and w3 =.5 and what is the forecast demand for August and September for the data below?
Mar 20, Apr 25, May 40, Jun 35, Jul 30, Aug 45
I am not understanding how to get the actual demand for September. Is that needed?
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The solution shows calculation of weighted moving average.
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Hi,
Actual demand for Spet is not needed. For 3 period weighted moving ...
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