Actual demand for a product for the past three months was Three months ago Two months ago 425 units 375 units Last month 305 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.) Forecast for this month units

Actual demand for a product for the past three months was Three months ago Two months ago 425 units 375 units Last month 305 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.) Forecast for this month units

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Please answer A

Actual demand for a product for the past three months was
Three months ago
Two months ago
425 units
375 units
Last month
305 units
a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.)
Forecast for this month
units

Actual demand for a product for the past three months was
Three months ago
Two months ago
425 units
375 units
Last month
305 units
LIsing a simplo throo month mo

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