Question: MOVING AVERAGEDevelop a three - period moving average forecast and a three - period weighted moving average forecast with weights of 0 . 5 0
MOVING AVERAGEDevelop a threeperiod moving average forecast and a three
period weighted moving average forecast with weights of
and for the most recent demand values, in that order.
Calculate MAD for each forecast, and indicate which would seem
to be most accurate.
A manufacturing company has monthly demand for one of its
products as follows:
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