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In the context of the averaging method of demand forecasting, identify an advantage of a moving average forecast. Multiple choice question. The weighting scheme can
In the context of the averaging method of demand forecasting, identify an advantage of a moving average forecast. Multiple choice question. The weighting scheme can be altered easily in the moving average forecast. All values in the moving average forecast are weighted equally. The moving average forecast is reflective of the most recent observations. The moving average forecast is easy to calculate
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