Milk Sales Are a Major Concern at BK Grocery A) Using a 2-Week Moving Average, Find Forecasts for Weeks
Milk sales are a major concern at BK Grocery. The following gives the demand for the past eight weeks.
A) Using a 2-week moving average, find forecasts for weeks 6 through 9.
B) Using a weighted moving average with weights of 0.4, 0.3, 0.2, and 0.1, find the forecast for weeks 6 through 9.
C) Using exponential smoothing with α = 0.4 and a Week 5 forecast of 210, find the forecast for Week 6.
Correct Answer:
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