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Moving average method

MM Agent forecasts using the moving average method of order n, which estimates the demand in any period as the average of the latest n demands. It can be expressed as ... [Pg.7]

The predictive results of secondary moving average method... [Pg.654]

Liu Jianyu Xiong Yunfa. 2007. Application of moving average method in the public security inteUigence analysis. Joural of Chinese People s Public Security University (Scierwe and Technology) (4) 54-55. [Pg.656]

In this method, only the most recent data is relevant for estimating future demand. For the m-month moving average method (m < n), only the average of the past m months data is used ... [Pg.35]

Using the 3-month moving average method for the example data given in Table 2.1, we get... [Pg.35]

Note that all the demands used in the moving average method are given... [Pg.35]

To determine the best weights for the weighted moving average method, a linear programming (LP) model can be used. The objective of fhe LP model is to find fhe opfimal weighfs fhaf minimize the forecast error. Let denote the forecast error in period t. Then, e, is given by... [Pg.36]

Thus, the complete LP model for finding the weights for the weighted m-period moving average method will be as follows ... [Pg.36]

For the sake of illustration, the forecasts for the first quarter of 2011, using the Naive method and the 4-quarter moving average method are also given in the following ... [Pg.42]

Taco Bell (Hueter and Swart, 1998) Lunch time sales were forecasted using the moving average method and were used for estimating labor needs at Taco Bell restaurants. [Pg.61]

Overall moving average method was the most preferred quantitative method for all firms. [Pg.62]

Joe Kool has decided to use 3-month weighted moving average method for one of his company s products. Last year s monthly sales data are given in Table 2.19. [Pg.86]

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See also in sourсe #XX -- [ Pg.53 ]

See also in sourсe #XX -- [ Pg.84 ]



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Averages. Method

Averaging method

Moving average, forecasting method

Moving method

Simple Moving Average Method

Smoothing methods moving averages

Weighted Moving Average Method

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