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Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
Edition 1ISBN: 978-0077426903Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
Edition 1ISBN: 978-0077426903 Exercise 17
Given the series of demand data below 
a.Calculate the forecasts for periods 7 through 11 using moving average models with n=2, n=4, and n=6.
b.Calculate the Bias and MAD for each set of forecasts.Which moving average model is best?
a.Calculate the forecasts for periods 7 through 11 using moving average models with n=2, n=4, and n=6.b.Calculate the Bias and MAD for each set of forecasts.Which moving average model is best?
Explanation
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Simple moving average : It is an arithme...
Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
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