Question: a . Plot the above data on a graph. Do you observe any trend, cycles, or random variations? b . Starting in year 4 and

a. Plot the above data on a graph. Do you observe any trend, cycles, or random variations? b . Starting in year 4 and going to year 12, forecast demand using a 3-year moving average . Plot your forecast on the same graph as the original data. c . Starting in year 4 and going to year 12, forecast demand using a 3- year moving average with weights of .1,.3, and .6, using .6 for the most recent year. Plot this forecast on the same graph .

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!