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Question
The last seven weeks of demand at a new car dealer are shown below. Use a three-period weighted-moving average to determine a forecast for the 8th week using weights of 1, 2, and 3. Calculate the MAD for this forecast. What does the MAD indicate?
Week Sales
1 25
2 30
3 27
4 31
5 27
6 29
7 30
Answer
This answer is hidden. It contains 143 characters.
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