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PLEASE SHOW THE FORMULAS USED AND ANSWERS. THANK YOUU. A product has a consistent year round demand. You are the planner and have been tasked
PLEASE SHOW THE FORMULAS USED AND ANSWERS. THANK YOUU.
A product has a consistent year round demand. You are the planner and have been tasked with experimenting with some time series analysis. Using this previous weekly demand, calculate the following forecasts for each period possible. A) Three - Period Simple moving average B) 3 Period Weighted moving average using weights of .6,.3,.1, C) Four-period weighted moving average with weights of .4,.3,.2,.1 and D) Exponential Smoothing forecast using an Alpha of .25 and a Week 1 forecast of 6200 units. Round all forecasts to whole numbers Step by Step Solution
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Foundations of Lodging Management
Authors: David K. Hayes, Jack D. Ninemeier, Allisha A. Miller.
2nd edition
132560895, 978-0132560894
