Forecasting - Simple moving average - Example 1

  Рет қаралды 408,252

maxus knowledge

maxus knowledge

10 жыл бұрын

In this video, you will learn how to find out the 3 month and 4 monthly moving average for demand forecasting.

Пікірлер: 91
@teresaanna9039
@teresaanna9039 3 жыл бұрын
I was so lost for my homework. Your clear explanation is soooo much better than my teacher's lecture. Thanks a million for your great help.
@berattuna6873
@berattuna6873 2 жыл бұрын
Thanks Proffesor you are way better than my proffesor you are lifesaver.
@paulahyland5273
@paulahyland5273 7 жыл бұрын
Thank you!!! Every thing I have read over complicated this, you showed this to be so simple.
@richardsegura2766
@richardsegura2766 7 жыл бұрын
Lord Allmighty thank you for the presintation I now understand. I took a basic supply chain management class and was very lost and thanks to your video, it made sense. 2 thumbs up for sir.
@laurinajames4935
@laurinajames4935 7 жыл бұрын
Thanks a million for this video very informative and helped me understand the concept way lot better. Great JOB.
@nnhouston
@nnhouston 5 жыл бұрын
Thank you so much for your clear and easy to understand explanation of this topic! I greatly appreciate it!
@sibusisomlipha7532
@sibusisomlipha7532 3 жыл бұрын
you the best teacher ,im not moving from this channel
@alexchee1665
@alexchee1665 3 жыл бұрын
This video helps me understand better on moving average! A huge thanks to the creator!
@niashha
@niashha Ай бұрын
HAD WATCHED A DOZEN VIDEOS BEFORE UNDERSTANDING TIS,THANK YOU SO MUCH
@sharikakhaled1096
@sharikakhaled1096 7 жыл бұрын
thank you!This is so easy to understand
@desiralhagger4034
@desiralhagger4034 8 жыл бұрын
Thanks for these examples, very helpful.
@PartyPeople111
@PartyPeople111 7 жыл бұрын
this so good n better than what I've been seeing so far
@komkomkom5669
@komkomkom5669 Жыл бұрын
Thanks so much. Be blessed.
@EnglishCareerCoach
@EnglishCareerCoach 10 жыл бұрын
this was great. Thanks Sir!
@wildfire164
@wildfire164 3 жыл бұрын
Thank you so much for posting this video! Statistics is my weakest subject and I need to do these sort of calculations for a class. This video is so informative and easy to understand!
@shamsherelahi4159
@shamsherelahi4159 6 жыл бұрын
Excellent Expilanation sirr
@wanchalermchanalert1829
@wanchalermchanalert1829 6 жыл бұрын
Thank a lot, very good explanation for beginners like me.
@lacyhammond3506
@lacyhammond3506 4 жыл бұрын
Very Helpful! Thankyou so much!
@TSquared2001
@TSquared2001 4 жыл бұрын
I needed this refresher
@nadeemabbas27
@nadeemabbas27 Жыл бұрын
Its really help me. Thank you sir God bless you
@jkj1459
@jkj1459 6 жыл бұрын
very good explanation for beginners like me . only exceptional teachers are able to do this quality teaching .
@maxusknowledge
@maxusknowledge 6 жыл бұрын
Thanks a lot for the feedback!
@rexelagapay7579
@rexelagapay7579 8 жыл бұрын
A-Ok! Thanks sir. Salamat po!
@norsalwatiothman5867
@norsalwatiothman5867 8 жыл бұрын
thank you very much. Very helpful.
@rizasicnao8300
@rizasicnao8300 2 жыл бұрын
Thank you for this ! such a great help🤩👌
@demetrip
@demetrip 8 жыл бұрын
Very helpful!!! Thanks a million!!!
@els556
@els556 3 жыл бұрын
Thank you,this is very easy to understand
@chrislam1341
@chrislam1341 5 жыл бұрын
excellent explanation.
@georgesmith3022
@georgesmith3022 5 жыл бұрын
simple and clear explanation
@liorg2
@liorg2 7 жыл бұрын
nice and simple explanation
@user-rh8yd7kr8d
@user-rh8yd7kr8d 4 жыл бұрын
Thank you sir. I don’t why teachers makes it complicated in class
@cityherbalshop7740
@cityherbalshop7740 5 жыл бұрын
Great, thank you very much
@sidraashraf4731
@sidraashraf4731 6 жыл бұрын
Thanku Soo much sirr good effort
@mutasajesse5315
@mutasajesse5315 8 жыл бұрын
THANK VERY MUCH.
@scottredmond8851
@scottredmond8851 6 жыл бұрын
very helpful!!!
@roshanvarma9450
@roshanvarma9450 7 жыл бұрын
this examples from N.D. VOHRA-QTM nicely explained
@aibelrapheal5176
@aibelrapheal5176 4 жыл бұрын
Thank you sir. Is there a video for exponential moving average as well ?
@RamjiSharma1995
@RamjiSharma1995 9 жыл бұрын
dont we need to calculate the second moving average when using an even number of results?
@ianteddy7390
@ianteddy7390 3 жыл бұрын
Perfect teacher
@rijass8841
@rijass8841 6 жыл бұрын
Very much thanks
@vedanshishah2368
@vedanshishah2368 6 жыл бұрын
Hi nice video.. where did you get the question from? Are there sales forecasting questions available in IB Past Paper... if yes where? Thank you!
@turki34346
@turki34346 9 жыл бұрын
Thanks so much
@md.sayedhasan9204
@md.sayedhasan9204 5 жыл бұрын
Thank you...need another types example....
@theramilakarki4010
@theramilakarki4010 5 жыл бұрын
Thank you.
@9423033283
@9423033283 8 жыл бұрын
nice re bro
@arfenmalik1717
@arfenmalik1717 6 жыл бұрын
And how do you calculate the three quarter moving average trend
@albertxiang8973
@albertxiang8973 8 жыл бұрын
Thank you for uploading the video, very helpful. However, I have a question. Is it possible to carry forward the forecast for the 16th month to work out the forecast for the 17th month? And then the same way for 18th, 19th and so on........
@luisasalazar8926
@luisasalazar8926 8 жыл бұрын
I have same question!
@awesomeankur100
@awesomeankur100 6 жыл бұрын
Certainly not. Because you can go further only up to 3 to 4 values only.. going more ahead may result in vague results.
@iqraramzan7968
@iqraramzan7968 6 жыл бұрын
thnku soo much sir.......
@akshayakumarpanda8410
@akshayakumarpanda8410 7 жыл бұрын
haw many moving avg and what periods are valuable for intra day and longterm
@vegetaprinceofallsaiyans
@vegetaprinceofallsaiyans 7 жыл бұрын
thanx buddy you almost save my ass kicked dum dum tommorow is my logistics paper and i forget this sums thanks you i owe you big time
@shubhampatil5985
@shubhampatil5985 5 жыл бұрын
Thank you so much
@bikrammukherjee3824
@bikrammukherjee3824 5 жыл бұрын
thanks a lot sir.
@IKIN_10
@IKIN_10 4 жыл бұрын
How can i get the moving average for January? Do i use the moving average for October November December?
@heesuseon7782
@heesuseon7782 8 жыл бұрын
Thank you so much! helped a lot with my assignment big thumbs up !
@be2st41
@be2st41 9 жыл бұрын
what should i do if the first demand is not given?
@NazmulHossainSujon
@NazmulHossainSujon 6 жыл бұрын
thanks
@gursikh133
@gursikh133 4 жыл бұрын
Thanks a lot
@keerthivasan6234
@keerthivasan6234 5 жыл бұрын
why cant i just forecast 16th month using last 3 months to obtain demand. why should i calculate for previous onces..?
@chathuathavuda3569
@chathuathavuda3569 2 жыл бұрын
thank you so much
@MuznyMalkan
@MuznyMalkan 4 жыл бұрын
Thanks a lot 😊
@cintaadilia6446
@cintaadilia6446 3 жыл бұрын
thank uu sirrrr
@debasiskar4662
@debasiskar4662 Жыл бұрын
As we know moving averages provide trend. Here the trend value for , say second month becomes the forecast value for fourth month. Could you please explain the logic?
@kieuhanhnguyen5018
@kieuhanhnguyen5018 2 жыл бұрын
I have an question in the final exam is "Using 3-monthly average method to calculate forecast...". Is the average method and moving average method same? :
@ayshakhan3125
@ayshakhan3125 3 жыл бұрын
What if we have to find demand for next year?
@shaileshsampat8714
@shaileshsampat8714 5 жыл бұрын
What will be demand for 16th month and how?
@c.hoedeman454
@c.hoedeman454 9 жыл бұрын
Is this not actually an autoregressive way of forecasting?
@naved1313
@naved1313 2 жыл бұрын
what if i want to like 10 years of forecasting?
@Aaaaam-
@Aaaaam- 3 жыл бұрын
Thankuuuuu ❤❤❤❤❤
@nishisaxena4831
@nishisaxena4831 5 жыл бұрын
do you have example on weighted moving average please? also I like how you explain, please upload more videos. thanks!!!!
@canbhanu
@canbhanu Ай бұрын
how we can forecast for 17th month also
@michelstuart8156
@michelstuart8156 6 жыл бұрын
Moving averages show the average price within a defined time period by considering the most recent closing prices over the given time period and the result is then divided by the number of prices used in the calculation. For example in a 10 day moving average, the last 10 closing prices are added together and then divided by 10. My broker AAFX’s trading platform give me real time quotes in the market watch and customizable price charts etc.
@paulclarke212
@paulclarke212 4 жыл бұрын
And what would the average of the 17th month be? Would you assume that the actual demand is the 'average' and therefore month on month you start to flat line?
@maxusknowledge
@maxusknowledge 4 жыл бұрын
Based on this method, you would take the actual of the 16th month once it is available and then use it to calculate the forecast for the 17th month.
@Jay.Anjaneya
@Jay.Anjaneya 5 жыл бұрын
But sir if there is three weekly moving average so what
@vivekpatil4098
@vivekpatil4098 8 жыл бұрын
which monthly will give us more precise answer sir? 3 monthly or 4 monthly moving avg? and why ?
@mhelmizolkeple9774
@mhelmizolkeple9774 8 жыл бұрын
yup I'm waiting the answer till the end but to no avail.
@omegatheo
@omegatheo 5 жыл бұрын
the one having the least sum of squares between the forecasted data and historical. the procedure is known as backtesting
@gorfadjay6568
@gorfadjay6568 3 жыл бұрын
How to find forcast of month 17,18,19
@bluerubellite9397
@bluerubellite9397 5 жыл бұрын
if i give find forecast sales each quarter of 1999 then i will still use this method sir
@maxusknowledge
@maxusknowledge 5 жыл бұрын
Can you pls elaborate your question.
@uknown2402
@uknown2402 4 жыл бұрын
Very confusing by what I’ve been teached in class
@bluerubellite9397
@bluerubellite9397 5 жыл бұрын
sir please please reply me
@strongest324
@strongest324 3 жыл бұрын
1.25x thank me later
@hiwaleashish98
@hiwaleashish98 3 жыл бұрын
I just waste my entire 10min
@davismatongolo7571
@davismatongolo7571 2 жыл бұрын
No thanks
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