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Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands
Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands (in dozens): 8, 9, 7, 8, 10, 12 (last week).
(a) Forecast demand for the next week using a three-week moving average.
(b) Forecast demand for the next week using a four-week moving average.
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