Question: 1 - Given the following demand, forecast the demand for period 7 by: a - Na ve method b - Arithmetic Average c - Moving
Given the following demand, forecast the demand for period by:
a Nave method
b Arithmetic Average
c Moving Average where
d Weighted moving Average where and weights are:
e Which method is more accurate based on MAD
tablePeriodDemandJanuaryFebruaryMarchAprilMayJuneJuly
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