Question: Month Demand July 2 4 0 August 3 1 0 September 2 8 0 October 2 5 0 1 ) Use the information above and

Month Demand
July 240
August 310
September 280
October 250
1) Use the information above and the simple moving-average technique for the most recent three months, what is forecast demand for November?
2) What is the MAD?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!