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The weighted moving average forecast for the fifth period, with weights of 0.15 for period 1, 0.20 for period 2, 0.25 for period 3, and 0.40 for period 4, using the demand data shown below is
Replenishment
The process of filling up or restocking inventory or supplies to maintain required levels.
Petty Cash Fund
A small amount of cash kept on hand for minor, impromptu expenses.
Journal Entry
A record in accounting that represents a transaction and its effects on accounts, usually including a debit and credit.
Office Supplies
Items used in offices on a regular basis for the purpose of functionality and efficiency, such as pens, paper, and staplers.
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