Monthly demand over the past ten months is given in what follows. a. Graph the demand. b.

Question:

Monthly demand over the past ten months is given in what follows.

a. Graph the demand.

b. What is your best guess for the demand for month 11?

c. Using a three-month moving average, calculate the forecasts for months 4, 5, 6, 7, 8, 9, 10, and 11.

Month Actual Demand Forecast 1 102 2 91 3 95 4 105 5 94 6 100 7 109 8 92 9 101 10 98 11

 LO.1

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Related Book For  book-img-for-question

Introduction To Materials Management

ISBN: 9780132337618

6th Edition

Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive

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