Moving average methods, Microeconomics

Moving Average Methods: Under this methods the moving average to the sales of the past years is computed. The computed moving average is taken as forecast for the next year or period. This is based on the assumption that future sales are the average of the past sales. The moving average is the process of computing average of leaving the oldest observation and including the next one.

Posted Date: 3/30/2013 2:13:31 AM | Location : United States

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