A manufacturer uses a moving average to predict how many replacement parts for Part #8119 they should
Question:
A manufacturer uses a moving average to predict how many replacement parts for Part #8119 they should produce per month. Past demand is as follows:
What are the forecasts for month seven using two-, four-, and six-period moving averages? What can we learn from the answers?
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2period moving average 456 4302 443 units 4period moving average 456 430 401 3254 403 unit...View the full answer
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