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

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