9)

a)
Week 1 300
Week 2 400
Week 3 600
Week 4 700

Estimated demand for tablets using three-week moving average for next week
(week 5) is = (400+600+700)/3 = 567
B.
We know,
F
t
= F
t1
+ (A
t1
F
t1
)
So,
F
t
= exponentially smoothed forecast for period t
F
t1
= exponentially smoothed forecast made for the prior period
A
t1
= Actual demand in the prior period
= Smoothing constant
Utilizing the formulae for week 4,
Exponentially smoothed forecast
For week 4 is 350 + 0.20 (600 350) = 400
Therefore, exponentially smoothed forecast
For week 5 is 400 + 0.20 (700 400) = 460

11)

A & B


















Month Actual Moving
Average
Exponentially
Smoothed
January 110
February 130
March 150
April 170 130 136
May 160 150 146
June 180 160 150
July 140 170 159
August 130 160 153
September 140 150 146
C)
Moving Average Method:

PERIOD FORECAST ACTUAL DEV RSFE |DEV| |DEV| MAD TS
April 130 170 -40 -40 40 40 40 1
May 150 160 -10 -50 10 50 25 2
June 160 180 -20 -70 20 70 23.33 3
July 170 140 30 -40 30 100 25 1.6
August 160 130 30 -10 30 130 26 0.38
September 150 140 10 0 10 140 23.33 0

Smoothing Method:
So here the Exponential smoothing performed better.
PERIOD FORECAST ACTUAL DEV RSFE |DEV| |DEV| MAD TS
April 136 170 -34 -34 34 34 34 1
May 146 160 -14 -48 14 48 24 2
June 150 180 -30 -78 30 78 26 3
July 159 140 19 -59 19 97 24.25 2.4
August 153 130 23 -36 23 120 24 1.5
September 146 140 6 -30 6 126 21 1.4