Question: a. If the owner uses the 3-month moving average method, what is the expected demand for month 9? b. If the owner uses the 4-month

a. If the owner uses the 3-month moving average

a. If the owner uses the 3-month moving average method, what is the expected demand for month 9?

b. If the owner uses the 4-month moving average method, what is the expected demand for month 9?

c. Which of the following techniques can be used to forecast demand for month 9? choose the correct answer:

1.Historical analogy

2.Delphi

3.Cross impact analysis

4.Exponential smoothing

A store owner needs to decide how much to order from its supplier of a certain product. In order to do that he needs to forecast the demand for the product for month 9. The demand for the first eight months is as follows: Month 1. Demand 8 12 2 3 n 6 7 8 15 11 10

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