Demand Forecast Calculator
Forecast demand using moving average, weighted MA, and exponential smoothing.
Inputs
Results
SMA Forecast (Next Month)
1,217
How to Use This Calculator
- Enter actual demand for the last six months, from Month 1 (oldest) to Month 6 (most recent).
- Set the smoothing factor (alpha, 0.01-1) — higher values give more weight to recent months in the exponential smoothing forecast.
- Review the next-month forecasts calculated four ways: simple moving average, weighted moving average, exponential smoothing, and trend-based.
- Check the monthly trend (slope) and monthly growth rate to see whether demand is rising or falling.
- 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 Actual | SMA Forecast (Next Month) |
|---|---|
| 1,000,000 | 334,117 |
| 3,500,000 | 1,167,450 |
| 6,500,000 | 2,167,450 |
| 9,000,000 | 3,000,783 |
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
- Identify Input Parameters4 parametersMonth 1 Actual = 1000, Month 2 Actual = 1100, Month 3 Actual = 1050, Month 4 Actual = 1200 = 7 input(s) provided
- Calculate SMA Forecast1217 = 1217
- Calculate WMA Forecast1233 = 1233
- Calculate Exponential Smoothing Forecast1204 = 1204
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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