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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 Algo
Given the following history, use a threequarter moving 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 Jul, Aug, Sep; and th quarter Oct, Nov, Dec.
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Last year
This year
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