Question: Problems 16 through 21 are based on the following data. Observations of the demand for a certain part stocked at a parts supply depot during

Problems 16 through 21 are based on the following data. Observations of the demand for a certain part stocked at a parts supply depot during the calendar year 2013 were Month January February March April May June Demand 89 57 144 221 Month July August September October November December Demand 223 286 212 275 188 312 177 280 20. Compute the one-step-ahead three-month and six-month moving-average forecasts for July through December. What effect does increasing N from 3 to 6 have on the forecasts

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