Question: Demand has been steadily increasing every day for a number of weeks. Three forecasting methods are being used to forecast daily demand: a naive forecast,

Demand has been steadily increasing every day for

Demand has been steadily increasing every day for a number of weeks. Three forecasting methods are being used to forecast daily demand: a naive forecast, a moving average forecast (n=4 days), and a weighted moving average forecast using (W1 = 0.5, W2 = 0.25, W3 = 0.15, w4 = 0.1; w1 applies to most recent demand). Which of these two forecast methods will result in the higher forecast for the next period? a. Moving Average O b. Naive Forecast C. Weighted Moving Average Od. They will be the same

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