Given the following history, use a three- quarter moving average to forecast the demand for the third
Question:
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.
Transcribed Image Text:
JAN FEB MAR A MAY JUNJUL AG SEP OCT Nov DEC Last year 100 125 135 7 15 200 150 40 130 200 225 250 This year 125 135 135 10 200 190
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Three quarters ago Oct Nov Dec last year 200 225 250 ...View the full answer
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Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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