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Answer: - According to given data

a) 3 week moving average

Week of Pints used 3 - WMA

Aug 31 350

Sep 7 370

Sep 14 410

Sep 21 383 =(350+370+410)/3 = 376.67

Sep 28 371 =(370+410+383)/3 = 387.67

Oct 5 371 =(410+383+371)/3 = 388.00

Oct 12 =(383+371+371)/3 = 375.00

b) weighted moving average of weights 0.20,0.35 and 0.45

Forecast for oct 12 = 0.45(371)+0.35(371)+0.20(383) = 373.40

c) Exponential smoothing where alpha = 0.25

Formula Ft+1 = αAt + (1-α)Ft

Week of Pints used Exponential smoothing forecast

Aug 31 350 350

Sep 7 370 =0.25(350)+0.75(350) = 350.00

Sep 14 410 =0.25(370)+0.75(350) = 355.00

Sep 21 383 =0.25(410)+0.75(355) = 368.75

Sep 28 371 =0.25(383)+0.75(368.75) = 372.31

Oct 5 371 =0.25(371)+0.75(372.31) = 371.98

Oct 12 =0.25(371)+0.75(371.98) = 371.74

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