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Module C HW 2 points The labor cost for period 1 was 30 . The cost rose to 31.57 in period 2 . It then
Module C HW
2 points The labor cost for period 1 was 30 . The cost rose to 31.57 in period 2 . It then increased again to 33.23 in period 3. The last market adjustment to 34.79 occurred in period 4 . Determine the forecast for period 5 using a 3-period moving average (simple moving average) method. Round your answer to the nearest penny, if applicableStep by Step Solution
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