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. Last year This year JAN FEB MAR APR MAY JUN JUL 130 150 160 190 200 230 175 165 220 210 235 150 160 Forecast for the third quarter AUG SEP OCT NOV DEC 165 155 230 255 280

Practical Management Science
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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, the 1st
quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec.
Last year
This year
JAN FEB MAR APR
130 150 160 190 200 230 175 165 155
150 160 165 220 210 235
MAY JUN JUL AUG SEP OCT NOV DEC
230 255
280
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. Last year This year JAN FEB MAR APR 130 150 160 190 200 230 175 165 155 150 160 165 220 210 235 MAY JUN JUL AUG SEP OCT NOV DEC 230 255 280 Forecast for the third quarter
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