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The time series forecasting method that gives equal weightage to each of the most recent observation is (a) Moving average method (b) Exponential smoothing with linear trend (c) Triple Exponential smoothing (d) Kalman Filter [2018: 1 Marks, Set-1] 22. The table presents the demand of a product. By si mpl e t hr ee-mont hs movi ng aver age method, the demand-forecast of the product for the month of September is
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- 510
- 530
- 536.67
- 490
Correct Option: A
Three month moving average.
For ecast of t he pr oduct for t he mont h of September is given by,
| F = | = | = 510 | 3 | 3 |
