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:

MonthDemand
1100
2110
3115
4120
5130
6140
7150
8160
9165
10170
11180
12190

ABC Company plans to use a simple moving average of 3 months. Estimate the demand for the first 6 months.

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