Question: A local bakery was using the moving average method and the data from the past three months to forecast next month's sales. The owner is

A local bakery was using the moving average

A local bakery was using the moving average method and the data from the past three months to forecast next month's sales. The owner is considering using the data of the last six months instead of 3 months. Increasing the number of months in a moving average method will accomplish greater smoothing but at the expense of stability of the results. responsiveness to changes. applicability. accuracy of the forecast

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