Question: If a simple moving average is used to forecast period 8 ( reference figure below ) . Which of the following is true if the
If a simple moving average is used to forecast period reference figure below Which of the following is true if the downward trend continues in period If you can't see the picture for some reason, there is a dowmward trend in Demand over T periods
r forecast will most likely exceed the actual demand
would need to increase your forecast based on a judgmental method of adjustment
forecast will most likely be less than the actual demand
precast error will be constant
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