Forecasting 5: Simple moving average with examples and its limitations

Mechanical Engineering Video lectures for GATE/IES/IAS and PSUs
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[@syedmansoor4402]

Thankyou, I really appreciate this quick and simple explanation

[@awadheshmaurya8661]

thanks Sir ,I m waiting ur every lacture

[@sakshikumar6831]

How will you forecast the demand for 7th week? We will be using the forecasted value only na when we will take the last 4 values using 4 months moving average? I.e. 3 values of actual demand and 1 will be of forecasted?

[@stevenaws201]

Thanks sir it is really helpful.

[@antaraantu5681]

thanks for share this idea.

[@zeeshanwahid3495]

Thanks a lot sir ji !!

[@nandishrawat3588]

Well explained Sir 😊😊

[@kaiwengchow]

Thanks sir. It's so complicated reading it from the textbook. You made the concept easy to understand

[@kertiksingh2002]

Thank You

[@SAURABHSINGH-yl9bs]

What do you mean by demand forecasting? Discuss few techniques of demand forecasting in detail giving example. Car sales at a dealership for the past 5 months are shown below MONTH SALES 1 MAY 50 2 JUN 49 3 JUL 51 4 AUG 43 5 SEP 44 6 OCT a. What is the sales forecast in October using 3-month moving average? (5 pts) b. What is the sales forecast in October using 3-month Weighted Average method with September weighted 4, August weighted 2, and July weighted 1? (10 pts) c. What is the sales forecast in October using exponential smoothing with a smoothing coefficient (alpha) of 0.9? (15 pts) d. If the equation for the trend line forecasting method is y = 52.8 -1.8x, what is the sales forecast for October using this method? (5pts) e. Using the trend line forecasting method y = 52.8 - 1.8x, car sales in November are expected to be _________________ compared to sales in October (5 pts)

[@pradeepchavan8144]

Who said any theory is applicable to stock market . Every day situation changes at every moment where nothing is constant . Practical is always different than theory. We never apply any theory only observing current overall & stock trend & volume % of buyers & sellers. Candle stick pattern & its sizes . This teaches a lot . Theory not required here . Our theory is concentrate attention what you want & take judgement. You theory beyond understanding level so it is rejected .