Question
5..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
5..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.
JAN FEB MAR APR MAY JUNJ JUL AUGSEP OCT NOV DEC
Last year 120 145 155 195 205 220 170 160 150 220 245 270
This year 145 155 175 210 215 210
forecast for the 3rd quarter?
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Statistics Unlocking The Power Of Data
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
1st Edition
0470601876, 978-0470601877
