'4 period moving average' presentation slideshows

4 period moving average - PowerPoint PPT Presentation

Forecasting the Demand Those who do not remember the past are condemned to repeat it

Forecasting the Demand Those who do not remember the past are condemned to repeat it

Forecasting the Demand Those who do not remember the past are condemned to repeat it George Santayana (1863-1952) a Spanish philosopher, essayist, poet and novelist. Goals and Aims.

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705 views • 61 slides
Chapter 7 Demand Forecasting in a Supply Chain

Chapter 7 Demand Forecasting in a Supply Chain

Forecasting -2 Exponential Smoothing Ardavan Asef-Vaziri Based on Operations management: Stevenson Operations Management: Jacobs, Chase, and Aquilano Supply Chain Management: Chopra and Meindl. Chapter 7 Demand Forecasting in a Supply Chain. Time Series Methods. Moving Average

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777 views • 39 slides
Time Series Analysis

Time Series Analysis

Time Series Analysis. Naive & Simple Averaging Moving Averages Exponential Smoothing. Naive Models. Recent periods are the best predictors of the future Adjustments to naive models. Trend. Rate of Change. Use 1990-95 as initialization Use 1996 as the test data set.

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466 views • 38 slides
Moving Average, MAD, Tracking Signal Problems

Moving Average, MAD, Tracking Signal Problems

Moving Average, MAD, Tracking Signal Problems. Problems (short) 1-2. 1. Given the following data, compute 3-period moving average forecast for period 6? Period 1 2 3 4 5 Demand 73 68 65 72 67 (65+72+67)/3 = 68.

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197 views • 19 slides
Moving Averages

Moving Averages

Moving Averages. OCR Stage 8. Why use them?. Moving Averages, when graphed, allow us to see any trends in data that are cyclical By calculating the average of 2 or more items in the data, any peaks and troughs are smoothed out. 265. 269.25. 265.25. 270.75. 4 Period Moving Average.

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193 views • 5 slides
Moving Averages

Moving Averages

Moving Averages. Why use them?. Moving Averages, when graphed, allow us to see any trends in data that are cyclical By calculating the average of 2 or more items in the data, any peaks and troughs are smoothed out. 265. 269.25. 265.25. 270.75. 4 Period Moving Average.

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162 views • 5 slides
Moving Averages

Moving Averages

Moving Averages. OCR Stage 8. Why use them?. Moving Averages, when graphed, allow us to see any trends in data that are cyclical By calculating the average of 2 or more items in the data, any peaks and troughs are smoothed out. 265. 269.25. 265.25. 270.75. 4 Period Moving Average.

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139 views • 5 slides

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