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Problem 1 8 - 3 ( Algo ) Given the following history, use a three - quarter moving average to forecast the demand for the

Problem 18-3(Algo)
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 135155165195205235180170160235260285
This year 155165170225215240

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