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Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Last year This year 130 150 160 165 190 200 230 175 165 155 230 255 280 150 160 220 210 235 Forecast for the third quarter

Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Last year This year 130 150 160 165 190 200 230 175 165 155 230 255 280 150 160 220 210 235 Forecast for the third quarter

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 following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. JAN FEB MAR APR MAY JUN JUL AUG SEP ост NOV DEC Last year 130 150 160 190 200 230 175 165 155 230 255 280 This year 150 160 165 220 210 235 Forecast for the third quarter
Transcribed Image Text:Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. JAN FEB MAR APR MAY JUN JUL AUG SEP ост NOV DEC Last year 130 150 160 190 200 230 175 165 155 230 255 280 This year 150 160 165 220 210 235 Forecast for the third quarter
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