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a. Use 2-month, 3-month, and 4-month moving averages to forecast demand in month 12. (5 pts) b. Forecast demand with a 3-month weighted moving average
a. Use 2-month, 3-month, and 4-month moving averages to forecast demand in month 12. (5 pts) b. Forecast demand with a 3-month weighted moving average in which demand in the most recent month is given a weight of 3 and demands in the other two months are each given a weight of 1. (5 pts)
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