Question: Consider the following demand data: Period 1 : 4 0 0 Period 2 : 4 5 0 Period 3 : 4 8 0 Period 4

Consider the following demand data:
Period 1: 400
Period 2: 450
Period 3: 480
Period 4: 505
Given this data, which of the following statements will be true?
(please note that you do NOT need to do any calculations to answer this question) Consider the following demand data:
Period 1: 400
Period 2: 450
Period 3: 480
Period 4: 505
Given this data, which of the following statements will be true?
(please note that you do NOT need to do any calculations to answer this question)
Using the simple average forecasting technique will result in a positively biased forecast for period 4.
Using the exponential smoothing forecasting technique (with alpha=0.1) will result in unbiased forecasts (i.e., ME=0).
Using the last period demand forecasting technique will result in systematic underpredictions of demand.
Using a two-period moving average forecasting technique will produce forecasts that are, on average, greater than actual demand.
None of the above.
Consider the following demand data: Period 1 : 4

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