One simple way to forecast is to take the average demand for the last three or six periods and use that figure as the forecast for the next period.

Name: One simple way to forecast is to take the average demand for the last three or six periods and use that figure as the forecast for the next period.
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Quizplus · Accepted Answer

This method is known as the moving average method, which smooths out fluctuations by averaging demand over a specified number of past periods to predict future demand.

One Simple Way to Forecast Is to Take the Average