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Calcimator

Demand Forecast Calculator

Forecast demand using moving average, weighted MA, and exponential smoothing.

Inputs

Results

SMA Forecast (Next Month)

1,217

WMA Forecast1,233
Exponential Smoothing Forecast1,204
Trend-Based Forecast1,313
Monthly Trend (units)51.4
Monthly Growth Rate4.5%
Average Demand1,133
How to Use This Calculator
  1. Enter actual demand for the last six months, from Month 1 (oldest) to Month 6 (most recent).
  2. Set the smoothing factor (alpha, 0.01-1) — higher values give more weight to recent months in the exponential smoothing forecast.
  3. Review the next-month forecasts calculated four ways: simple moving average, weighted moving average, exponential smoothing, and trend-based.
  4. Check the monthly trend (slope) and monthly growth rate to see whether demand is rising or falling.
  5. Compare the four forecasts alongside the average demand to gauge how closely the methods agree.

How the result changes with Month 6 Actual

Month 6 ActualSMA Forecast (Next Month)
1,000,000334,117
3,500,0001,167,450
6,500,0002,167,450
9,000,0003,000,783

What each input means

Month 1 Actual
Actual demand for month 1 (oldest).
Month 2 Actual
Actual demand for month 2.
Month 3 Actual
Actual demand for month 3.
Month 4 Actual
Actual demand for month 4.
Month 5 Actual
Actual demand for month 5.
Month 6 Actual
Actual demand for month 6 (most recent).
Smoothing Factor (alpha)
Exponential smoothing alpha (0-1, higher = more weight on recent).

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Month 1 Actual = 1000, Month 2 Actual = 1100, Month 3 Actual = 1050, Month 4 Actual = 1200 = 7 input(s) provided
  2. Calculate SMA Forecast
    1217 = 1217
  3. Calculate WMA Forecast
    1233 = 1233
  4. Calculate Exponential Smoothing Forecast
    1204 = 1204

Engine last updated . Checked against 1 independently-derived test how we verify calculators.

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