Glossaria.net

Glossary Supply Chain / Term

moving average

The average of the last 'x' number of numerical values out of a set that contains a larger number of historical values. A six-month simple moving average forecast is the average of the demand from the previous six periods; with each new period the last period is added and the oldest period deleted before recalculating the new average.

Permanent link moving average - Creation date 2021-11-03


< move time Glossary / Supply Chain muda >