Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands (in dozens): 4, 5, 3, 2, 8, 10 (last week)
(a) Forecast demand for the next week using a two-week moving average.
(b) Forecast demand for the next week using a three-week moving average.
(a) (8 + 10)/2 = 9
(b) (2 + 8 + 10)/3 = 6.67
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