Question: I want solution Effat University OSCM 302 Practice#3 Forecasting Problem # 5 Forecasts based on averages. Given the following data: Prepare a forecast for period
Effat University OSCM 302 Practice\#3 Forecasting Problem \# 5 Forecasts based on averages. Given the following data: Prepare a forecast for period 6 using each of these approaches: a. The appropriate naive approach. b. A three-period moving average. c. A weighted average using weights of .50 (most recent), 30 , and .20 . d. Exponential smoothing with a smoothing constant of 40
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