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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

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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 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 JUN JUL AUG SEP OCT NOV DEC Last year 150 170 180 220 230 250 195 185 175 250 275 300 This year 170 178 160 240 225 215 Forecast for the third quarter 231

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