Moving Average Method – A Tool for Demand Analysis in Supply Chain

Abstract

In this research work future demand of a product by using the time series method in a supply chain has been analysed. Demand is an economic principle that describes a consumers’ desire and willingness to pay a price for a specific good or service. Time series analysis contains techniques for investigating information keeping in mind the end goal to remove meaningful statistics and different qualities. Time series forecasting is the utilization of a model to anticipate future qualities in view of already watched qualities. A contextual investigation has been done to check the work