Question: Suppose you decide to implement a 4 - week simple moving average to forecast the next week's demand. What would be the most likely outcome

Suppose you decide to implement a

4 -

week simple moving average to forecast the next week's demand. What would be the most likely outcome in terms of the bias of a simple moving forecast for this data?

The forecast will consistently be lower than the actual demand

The forecast will not be biased

Potential bias cannot be determined from looking at the data

The forecast will consistently be higher than the actual demand

Suppose you decide to implement a 4-week simple moving average to

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