Given the following data: a. Calculate the three-period moving average for period 5. b. Calculate the exponential
Question:
Given the following data:
a. Calculate the three-period moving average for period 5.
b. Calculate the exponential smoothed forecast for period 5 using an alpha value of 0.4. Assume the forecast for period 4 was the three-period moving average of the first three periods.
c. Which method appeals the most for the data? Why?
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Related Book For 
The Fundamentals Of Production Planning And Control
ISBN: 978-0130176158
1st Edition
Authors: Stephen Chapman
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