Essay
Sales of a new CD at a store for the last 4 weeks are shown below.
a.Find a three-period moving average forecast for the next week.
b.Find a four-period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units. What would be the three- and four-period moving average forecasts for week 6?
Correct Answer:

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The forecast for the next period (t + 1)...View Answer
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