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Given the following demand numbers, create a forecast for April through January of the following year. The forecast demand for a time period is the

Given the following demand numbers, create a forecast for April through January of the following year. The forecast demand for a time period is the average of the previous three time periods. This is called a three-period moving average.

The following table contains the demand numbers and the forecast. Use Excel to calculate the values in the Forecast column. You will need to copy and paste the information highlighted in yellow into an excel spreadsheet. A spreadsheet without formulas will not receive any credit.

Month Demand Forecast
January 119
February 72
March 113
April 82 101
May 82 89
June 131 92
July 111 98
August 116 108
September 89 119
October 95 105
November 88 100
December 90 91
January 91

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