Sales of vacuum cleaners over the past 13 months were as follows: (a) Using a moving average

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Sales of vacuum cleaners over the past 13 months were as follows:

Sales of vacuum cleaners over the past 13 months were

(a) Using a moving average with three periods, predict the demand for vacuum cleaners for next February.
(b) Using a three-period weighted moving average with weights 3, 2, and 1, predict the demand for vacuum cleaners for February.
(c) Evaluate and comment on the accuracy of each of these models.

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Quantitative Analysis for Management

ISBN: 978-0134543161

13th edition

Authors: Barry Render, Ralph M., Jr. Stair, Michael E. Hanna, Trevor S. Hale

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