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Given the demand data, answer the following questions below.   Year Sales 1 - 123 2 - 118 3 - 109 4 - 112 5 -100 6 -110 7 -124 8 - ? ** The annual demand forecast for Year 1 to Year 7 is given in the table above, what is the demand for Year 8 using a 3-year moving average method. a.) 102 b.) 108 c.) 101 d.) 103

Given the demand data, answer the following questions below.   Year Sales 1 - 123 2 - 118 3 - 109 4 - 112 5 -100 6 -110 7 -124 8 - ? ** The annual demand forecast for Year 1 to Year 7 is given in the table above, what is the demand for Year 8 using a 3-year moving average method. a.) 102 b.) 108 c.) 101 d.) 103

Practical Management Science
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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Given the demand data, answer the following questions below.

  Year Sales

1 - 123

2 - 118

3 - 109

4 - 112

5 -100

6 -110

7 -124

8 - ?

** The annual demand forecast for Year 1 to Year 7 is given in the table above, what is the demand for Year 8 using a 3-year moving average method.
a.) 102
b.) 108
c.) 101
d.) 103

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