=+8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of

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=+8. (**) Develop a three-period weighted moving average forecast for periods 4 through 11. Use weights of 0.4, 0.35, and 0.3, with the most recent observation weighted the highest. Calculate the MFE, MAD, and MAPE values for periods 4 through 10. How do your results compare with those for problem 7?

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Introduction To Operations And Supply Chain Management

ISBN: 9781292291581

5th Global Edition

Authors: Cecil B. Bozarth, Robert B. Handfield

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