Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January February March 345 290 395 375 470 365 April Мay 460 475 400 440 June 470 325 July August September October 430 365 325 280 375 375 535 November 570 December 550 Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.) Forecast for the fourth quarter

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January February March 345 290 395 375 470 365 April Мay 460 475 400 440 June 470 325 July August September October 430 365 325 280 375 375 535 November 570 December 550 Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.) Forecast for the fourth quarter

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

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Here are the data for the past 21 months for actual sales of a particular product:
LAST YEAR
THIS YEAR
January
February
345
290
395
375
March
470
365
April
May
460
475
400
440
June
470
325
July
August
September
October
430
365
325
280
375
375
535
November
570
December
550
Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the
second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months. (Round
your answer to 2 decimal places.)
Forecast for the fourth quarter

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