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Demand for the month of January is given as 200; February 50; March 150. If a 9 month moving average method is used for forecasting and the forecasted value for the month of January is 100 units, then the forecast for the month of March using Exponential smoothening method is ___________
Ans~ B
  • a)
    120
  • b)
    106
  • c)
    115
  • d)
    126
Correct answer is option ''. Can you explain this answer?
Verified Answer
Demand for the month of January is given as 200; February 50; March 1...
FFeb = FJan + α(DJan − FJan ) = 100 + (200 − 100) × 0.2 = 120
Fmar = FFeb + α ∙ (DFeb − FFeb) = 120 + 0.2(50 − 120)
Fmar = 106
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Most Upvoted Answer
Demand for the month of January is given as 200; February 50; March 1...
FFeb = FJan + α(DJan − FJan ) = 100 + (200 − 100) × 0.2 = 120
Fmar = FFeb + α ∙ (DFeb − FFeb) = 120 + 0.2(50 − 120)
Fmar = 106
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Demand for the month of January is given as 200; February 50; March 150. If a 9 month moving average method is used for forecasting and the forecasted value for the month of January is 100 units, then the forecast for the month of March using Exponential smoothening method is ___________Ans~ Ba) 120b) 106c) 115d) 126Correct answer is option ''. Can you explain this answer?
Question Description
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