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 |
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 |