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Problem 3-3 (Algo) Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that
Problem 3-3 (Algo) Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. Last year This year JANUARY 175 195 Forecast for the third quarter FEBRUARY 195 205 MARCH 205 155 APRIL 235 270 MAY 245 250 JUNE 275 200 JULY 220 AUGUST 210
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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 that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June: 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number Step by Step Solution
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