Demand Forecasting: Moving Average, Exponential Smoothing, MAD & MAPE
This lesson is part of the course
In this lesson
You forecast monthly demand for a storage box two ways and measure how wrong the forecasts were.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Inventory KPIs: Turnover, Days of Supply & Fill Rate Locked
- ABC Classification of Stock Items Locked
- EOQ & the Ordering-Cost Trade-off Locked
- Safety Stock & Reorder Point Locked
- Demand Forecasting: Moving Average, Exponential Smoothing, MAD & MAPE Locked
- Capacity, Utilisation & the Bottleneck Locked
- Landed Cost & Weighted Supplier Scoring Locked
- Lean & Quality Metrics: Takt Time, OEE, DPMO & Sigma Level Locked