ABC Company is planning to launch a new product in the market, and they want to estimate
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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 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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