Question: Suppose that you are using the four-period simple moving average method to forecast sales, and sales have been decreasing by 10% every period. How will
Suppose that you are using the four-period simple moving average method to forecast sales, and sales have been decreasing by 10% every period. How will your forecasts perform (i.e., lower, equal, or higher than actual)? (Hint: please make up some sales numbers and calculate)
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