Essay
Sales of a new CD at a store for the last 4 weeks are shown below.
a.Find a 3 period moving average forecast for the next week.
b.Find a 4 period moving average forecast for the next week.
c.Actual sales for week 5 were 105 units. What would be the 3- and 4-period moving average forecasts for week 6?
Correct Answer:

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a.(105 + 125 + 118)/3 = 116
b....View Answer
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Correct Answer:
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b....
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