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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
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 Last year This year 175 195 205 195 205 155 APR 235 270 245 275 250 200 220 MAY JUN JUL AUG SEP NOV DEC 210 205 275 300 325 Forecast for the third quarter
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