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MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
Given the following data for demand at the XYZ Company, calculate the monthly forecast for 2003 using a 3-month moving average. Calculate the Forecast, Error, MAD (

Transcribed Image Text:Period
Demand
Forecast
Error
MAD
Bias
TS
2-Oct 2012
800
2-Nov 2012
1000
2-Dec 2012
950
2-Jan 2013
1100
2-Feb 2013
930
2-Mar 2013
1020
2-Apr 2013
870
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