Mgt613 - Solution POMA

Answer:-

Forecast (simple moving Avg)
April 23 55.66 working (50+65+52)/3

April 30 57.66 working (65+52+56)/3

May 07 54.33 working (52+56+55)/3
May 14 57.00 working (56+55+60)/3
May 21 57.00 working (55+60+56)/3

Forecast (Weighted moving Avg)

April 23 55.5

April 30 56.6

May 07 54.7

May 14 57.7

May 21 57.0

Forecast α = 0.1
April 09 50
April 16 51.5
April 23 51.55
April 30 51.995
May 07 52.296