Question

Table 1 SHOWS THE ACTUAL SALES DATA
OF A PRODUCT FOR PAST 10 MONTHS.
FORECAST THE DEMAND FOR 11TH MONTH
WITH THE HELP OF 4 MONTHS Simple
Moving Average (SMA) AND 3 MONTHS
Weighted Moving Average (WMA). USE THE
WEIGHTS OF 0.5, 0.28 AND 0.22. ALSO,
IDENTIFY WHICH METHOD TO BE USED FOR
FORECASTING.​

Answer 1

Answer:

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