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Management Studies

A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods.

Actual and predicted amounts are shown below. Would a naive forecast have produced better results? Show all your work and calculations.

Period	Demand	Forecast
1	80	75
2	75	78
3	81	77
4	82	79
5	85	80
6	78	82

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92685580

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