Consider the following time series: Period 1 2 3 4 5 6 7 8 Demand 15 17
Question:
Consider the following time series:
Period 1 2 3 4 5 6 7 8 Demand 15 17 14 7 10 12 7 5
a. Using a trend projection, forecast the demand for Period 9.
b. Verify your results with PHStat.
c. Calculate the MAD for this forecast.
AppendixLO1
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