Question: 1 . Calculate a forecast using a simple 3 months moving average 2 . Calculate the forecast using 3 - period weighted moving average. Use
Calculate a forecast using a simple months moving average
Calculate the forecast using period weighted moving average. Use weights of and for the most recent period, second most recent period and rd most recent period accordingly
Calculate the forecast using exponential smoothing method. Assume the forecast per period is and alpha is
Identify how many metal plates you are plannig to produce and what is the amount that you will advise your supplier you need in
a weeks horizon
b months horizon
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