Question: This problem is covered in subject Quantitative Methods in Management. Forecasting problem. Please answer with complete solution. Exercise 9.1 Given the following demand for a

This problem is covered in subject Quantitative

This problem is covered in subject Quantitative Methods in Management. Forecasting problem. Please answer with complete solution.

Exercise 9.1 Given the following demand for a ten period time frame. Period Units Demanded per Period 1 2 3 4 5 6 7 8 9 10 24 25 28 32 35 38 41 46 53 a. Compute the three period moving average forecast for periods 4 through 11. b. Compute the three period moving average forecast for periods 6 through 11. c. Plot the actual demand and the forecasts determined in part a and b on the same graph and compare them

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