1. You are given the following information about demand of an item: Calculate forecasted values using (i)...

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1. You are given the following information about demand of an item:

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Calculate forecasted values using (i) 3-monthly moving averages, (ii) 5-monthly moving averages, and (iii) 4-monthly weighted moving averages with weights as 4 : 3 : 2 : 1, the largest weight being for the most recent value.

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Quantitative Techniques In Management

ISBN: 99835

4th Edition

Authors: N D VOHRA

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Question Posted: Aug 31, 2024 05:00 AM

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1. You are given the following information about demand of an item: Calculate forecasted values using (i)...

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Month 1 2 3 4 5 6 7 89 10 11 Demand 220 228 217 219 258 241 239 244 256 260 265

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Quantitative Techniques In Management

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