Question: ABC Company is planning to launch a new product in the market, and they want to estimate the demand for the first 6 months using
ABC Company is planning to launch a new product in the market, and they want to estimate the demand for the first 6 months using the simple moving average method. The following table shows the demand for the product in the past 12 months:
| Month | Demand |
|---|---|
| 1 | 100 |
| 2 | 110 |
| 3 | 115 |
| 4 | 120 |
| 5 | 130 |
| 6 | 140 |
| 7 | 150 |
| 8 | 160 |
| 9 | 165 |
| 10 | 170 |
| 11 | 180 |
| 12 | 190 |
ABC Company plans to use a simple moving average of 3 months. Estimate the demand for the first 6 months.
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