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The company is considering changing it's forecasting technique. Using the following data, determine the forecast for period 11 using the 3-period moving average based upon
The company is considering changing it's forecasting technique. Using the following data, determine the forecast for period 11 using the 3-period moving average based upon actual demand Note that your answer MUST be an INTEGER value. ALSO that data may not be the same for all four calculation questions. (NOTE: the data for this item may be similar, but different than that for other items, never assume the same data is used between questions, each item is randomly selected from a question data base) Hint: answers should be in the hundreds Actual Old Mktg Period Demand Forecast 1 132 127 2. 141 130 3 137 133 4 159 135 5 146 139 6 162 144 7 166 149 8 185 155 9 194 161 10 191 169
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