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A small business selling lawn mowers has decided to forecast. Their biggest revenue mower sold 15 units in February, 24 units in March and 28 units in April. Using a three month average, what would they forecast for April? (2 decimal places)

1. A distributor of soda is forecasting their purchases of Diet Birch Cola. Their demand has been:

Jan 36

Feb 41

Mar 37

Apr 55

May 26

Jun 43

Using a six month average, what would they forecast in July (round to the nearest whole number

A big box retailer forecasted 118 units of a big screen TV in their Wallingford store for th emonth of February. They actually sold 123 units. Using exponential smoothing with alpha = .15, what would they forecast for March (round to the nearest whole number).

2. A small business sells lawn furniture. They have four sets. In May, they had the following forecasts and demand:

Set      Forecast     Demand

A           15              23

B         246           378

C         113            88

D           87            91

What is the WMAPE for this product family? Round to the nearest whole %

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91579392

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