Question: a . Using a moving average with 4 periods, determine the demand for vacuum cleaners for next February = b . What is the MAD
a Using a moving average with periods, determine the demand for vacuum cleaners for next February
b What is the MAD for the moving average forecast?
c Using a weighted moving average with periods, determine the demand for vacuum cleaners for February. Use and for the weights of the most recent, second most recent, third most recent, and fourth most recent, respectively.
d What is the MAD for the weighted moving average forecast?
e Based on MAD, which is a better forecast?
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