Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. (Round final answer to a whole number.) Last year This year JAN 120 140 FEB 140 150 MAR 150 155 APR 180 200 MAY 190 200 JUN 220 230 JUL 165 AUG 155 SEP 145 ОСТ 220 NOV 235 DEC 270 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 that the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. (Round final answer to a whole number.) Last year This year JAN 120 140 FEB 140 150 MAR 150 155 APR 180 200 MAY 190 200 JUN 220 230 JUL 165 AUG 155 SEP 145 ОСТ 220 NOV 235 DEC 270 Forecast for the third quarter

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

Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year.
Note that the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct,
Nov, Dec. (Round final answer to a whole number.)
JUN
FEB
140
150
APR
180
200
MAY
190
200
ОСТ
220
DEC
270
JUL
SEP
NOV
235
JAN
MAR
AUG
155
Last year
This year
120
140
150
220
165
145
155
230
Forecast for the third quarter

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