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Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9 10 Demand: 45 32 54 41 19 43

Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9 10 Demand: 45 32 54 41 19 43 40 43 25 38 Click here for the Excel Data File a. Calculate the forecasts for periods 7 through 11 using moving average models with n = 2, n = 4, and n = 6. b-1. Calculate the bias and MAD for each set of forecasts. b-2. Which moving average model is best with respect to MAD

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