Question: Problem Solving: Given the 3 averaging methods, which would you recommend to be used in the following data? Consider accuracy for feb, mar, April, May
Problem Solving: Given the averaging methods, which would you recommend to be used in the following data? Consider accuracy for feb, mar, April, May and June only. Why?
Let a Foct
Simple moving average months
WMA months highest weight on most recent data point
Product B Oct Nov Dec Jan Feb mar
Actual Demand
Apr May Jun
actual demand
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