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A manufacturer uses a moving average to predict how many replacement parts for Part #8119 they should produce per month. Past demand is as follows:
A manufacturer uses a moving average to predict how many replacement parts for Part #8119 they should produce per month. Past demand is as follows: Month Demand (units) 1 302 2 288 3 325 4 401 5 430 6 456 What are the forecasts for month seven using two-, four-, and six-period moving averages? What can we learn from the answers
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