Weighted Moving Average Forecast Exercise

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Weighted Moving Average Forecast Exercise.

A shed supplier records the following sales from September one year through to December the
following year. Show a 4-month weighted moving average forecast for sales in the subsequent year.

The weights are as follows: -

Weights 5 last month  


  3.8 2 months  
ago
  2.6 3 months  
ago
  1.1 4 months  
ago

Sep 63
Oct 25
Nov 36
Dec 79
Jan 14
Feb 25
Mar 32
Apr 24
May 16
Jun 34
Jul 45
Aug 50
Sep 65
Oct 19
Nov 32
Dec 75

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