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Academic MBA Question:

Question: The demand for a product in each of the last five months is shown below

Month 1 2 3 4 5

Demand (’00s) 13 17 19 23 24

  1. Use a three month moving average to generate a forecast for demand in month 6.
  2. What are the four components of time series analysis which needs to be first evaluated, extracted and interpreted so as to make it understandable?


Academic Assignment Answer:

Single Question and Answer