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 January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. Last year This year JANUARY 110 135 Forecast for the third quarter FEBRUARY 130 145 MARCH 140 190 APRIL 180 205 MAY 190 235 JUNE 210 270 JULY 155 AUGUST 145 SEPTEMBER 135

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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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 that the
1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter
October, November, December.
Note: Round final answer to a whole number.
Last year
This year
JANUARY
110
135
Forecast for the third quarter
FEBRUARY
130
145
MARCH
140
190
APRIL
180
205
MAY
190
235
JUNE
210
270
JULY
155
AUGUST
145
SEPTEMBER
135
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 that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. Last year This year JANUARY 110 135 Forecast for the third quarter FEBRUARY 130 145 MARCH 140 190 APRIL 180 205 MAY 190 235 JUNE 210 270 JULY 155 AUGUST 145 SEPTEMBER 135
OCTOBER
210
NOVEMBER
215
DECEMBER
345
Transcribed Image Text:OCTOBER 210 NOVEMBER 215 DECEMBER 345
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