Question: Additional Problem 03-01 (Algo) Compute a three-period moving average forecast given demand for shopping carts for the last five periods. (Round all your answers to
Additional Problem 03-01 (Algo)
Compute a three-period moving average forecast given demand for shopping carts for the last five periods. (Round all your answers to two decimal points.)
| Period | Demand |
| 1 | 39 |
| 2 | 36 |
| 3 | 39 |
| 4 | 37 |
| 5 | 42 |
| Forecast Period 4 | |
| Forecast Period 5 | |
| Forecast Period 6 |
If actual demand in period 6 turns out to be 38, the moving average forecast for period7 would be
| Forecast Period 7 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
