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Given the following history, use a three - quarter average to forecast the demand for the third quarter of this year. Note, the 1 st
Given the following history, use a threequarter average to forecast the demand for the third quarter of this year. Note, the st quarter is Jan, Feb, and Mar; nd quarter Apr, May, Jun; rd quarter Ju Aug, Sep; and th quarter Oct, Nov, Dec.
Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Last Year
This Year
Forecast for the third quarter
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