Business Finance Homework Help. SEU How to Calculate Forecast Weighted Moving Average Questions
1) Define the different between linear and nonlinear optimization with example each? (6 marks)
Answer:
A- How to calculate forecast error? (1 mark)
B- Calculate forecast error for December? (1 mark)
|
Month |
Sales |
Forecast |
Error |
|
5500 |
3000 |
——— |
|
|
October |
7200 |
4150 |
——— |
|
November |
8600 |
9100 |
——— |
|
December |
9300 |
7900 |
Answer:
A- How to calculate forecast weighted moving average? (1 mark)
B- Apply forecast weighted moving average formula for week 2. (1 mark)
(n = 2, W1 = 0.5, W2 = 0.8)
|
Week |
Demand |
|
1 |
7000 |
|
2 |
4000 |
|
3 |
3000 |
|
4 |
5000 |
Answer:
