Forecasting - Simple moving average - Example 1

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

[@teresaanna9039]

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]

Thanks Proffesor you are way better than my proffesor you are lifesaver.

[@sibusisomlipha7532]

you the best teacher ,im not moving from this channel

[@richardsegura2766]

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.

[@niashha]

HAD WATCHED A DOZEN VIDEOS BEFORE UNDERSTANDING TIS,THANK YOU SO MUCH

[@alexchee1665]

This video helps me understand better on moving average! A huge thanks to the creator!

[@laurinajames4935]

Thanks a million for this video very informative and helped me understand the concept way lot better. Great JOB.

[@komkomkom5669]

Thanks so much.
Be blessed.

[@paulahyland5273]

Thank you!!! Every thing I have read over complicated this, you showed this to be so simple.

[@nadeemabbas27]

Its really help me.
Thank you sir
God bless you

[@debasiskar4662]

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?

[@wildfire164]

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!

[@kieuhanhnguyen5018]

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? :

[@nnhouston]

Thank you so much for your clear and easy to understand explanation of this topic! I greatly appreciate it!

[@els556]

Thank you,this is very easy to understand

[@IKIN_10]

How can i get the moving average for January? Do i use the moving average for October November December?

[@nishisaxena4831]

do you have example on weighted moving average please? also I like how you explain, please upload more videos. thanks!!!!

[@ayshakhan3125]

What if we have to find demand for next year?

[@vedanshishah2368]

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!

[@jkj1459]

very good explanation for beginners like me . only exceptional teachers are able to do this quality teaching .

[@maxusknowledge]

Thanks a lot for the feedback!

[@albertxiang8973]

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]

I have same question!

[@awesomeankur100]

Certainly not. Because you can go further only up to 3 to 4 values only.. going more ahead may result in vague results.

[@paulclarke212]

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]

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.

[@aibelrapheal5176]

Thank you sir. Is there a video for exponential moving average as well ?

[@ianteddy7390]

Perfect teacher

[@rizasicnao8300]

Thank you for this ! such a great help🤩👌

[@那河]

Thank you sir. I don’t why teachers makes it complicated in class

[@akshayakumarpanda8410]

haw many moving avg and what periods are valuable for intra day and longterm

[@keerthivasan6234]

why cant i just forecast 16th month using last 3 months to obtain demand. why should i calculate for previous onces..?

[@naved1313]

what if i want to like 10 years of forecasting?

[@canbhanu]

how we can forecast for 17th month also

[@PartyPeople111]

this so good n better than what I've been seeing so far

[@wanchalermchanalert1829]

Thank a lot, very good explanation for beginners like me.

[@RamjiSharma1995]

dont we need to calculate the second moving average when using an even number of results?

[@shaileshsampat8714]

What will be demand for 16th month and how?

[@sharikakhaled1096]

thank you!This is so easy to understand

[@vivekpatil4098]

which monthly will give us more precise answer sir? 3 monthly or 4 monthly moving avg? and why ?

[@mhelmizolkeple9774]

yup I'm waiting the answer till the end but to no avail.

[@omegatheo]

the one having the least sum of squares between the forecasted data and historical. the procedure is known as backtesting

[@arfenmalik1717]

And how do you calculate the three quarter moving average trend

[@gorfadjay6568]

How to find forcast of month 17,18,19

[@TSquared2001]

I needed this refresher

[@c.hoedeman454]

Is this not actually an autoregressive way of forecasting?

[@be2st41]

what should i do if the first demand is not given?

[@lacyhammond3506]

Very Helpful! Thankyou so much!

[@desiralhagger4034]

Thanks for these examples, very helpful.

[@georgesmith3022]

simple and clear explanation

[@bluerubellite9397]

if i give find forecast sales each quarter of 1999 then i will still use this method sir

[@maxusknowledge]

Can you pls elaborate your question.

[@heesuseon7782]

Thank you so much! helped a lot with my assignment big thumbs up !

[@demetrip]

Very helpful!!! Thanks a million!!!

[@EnglishCareerCoach]

this was great. Thanks Sir!

[@AceXdonuttt]

But sir if there is three weekly moving average so what

[@chathuathavuda3569]

thank you so much

[@norsalwatiothman5867]

thank you very much. Very helpful.

[@md.sayedhasan9204]

Thank you...need another types example....

[@gursikh133]

Thanks a lot

[@cityherbalshop7740]

Great, thank you very much

[@chrislam1341]

excellent explanation.

[@rexelagapay7579]

A-Ok! Thanks sir. Salamat po!

[@roshanvarma9450]

this examples from N.D. VOHRA-QTM nicely explained

[@liorg2]

nice and simple explanation

[@shamsherelahi4159]

Excellent Expilanation sirr

[@vegetaprinceofallsaiyans]

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

[@MuznyMalkan]

Thanks a lot 😊

[@sidraashraf4731]

Thanku Soo much sirr good effort

[@bikrammukherjee3824]

thanks a lot sir.

[@cintaadilia6446]

thank uu sirrrr

[@theramilakarki4010]

Thank you.

[@Aaaaam-]

Thankuuuuu ❤❤❤❤❤

[@rijass8841]

Very much thanks

[@mutasajesse5315]

THANK VERY MUCH.

[@michelstuart8156]

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.

[@scottredmond8851]

very helpful!!!

[@iqraramzan7968]

thnku soo much sir.......

[@uknown2402]

Very confusing by what I’ve been teached in class

[@NazmulHossainSujon]

thanks

[@9423033283]

nice re bro

[@bluerubellite9397]

sir please please reply me

[@strongest324]

1.25x thank me later

[@hiwaleashish98]

I just waste my entire 10min

[@davismatongolo7571]

No thanks

[@shubhampatil5985]

Thank you so much

[@turki34346]

Thanks so much