Given the series of demand data belowperiod 1 2 3 4 5 6 7 8, Ask an Expert

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Given the series of demand data below

Period: 1 2 3 4 5 6 7 8 9 10

Demand: 25 57 39 59 41 28 49 25 39 53

a. Calculate the forecasts for periods 7 through 11 using moving average models with n = 2, n = 4, and n = 6

b. Calculate the bias and MAD for each set of forecasts

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93132269

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