Question: Compute a three-period moving average forecast given demand for shopping carts for periods 4, 5 and 6. (Round all your answers to two decimal points.)

Compute a three-period moving average forecast given demand for shopping carts for periods 4, 5 and 6. (Round all your answers to two decimal points.)

Period Demand
1 38
2 36
3 38
4 35
5 39

If actual demand in period 6 turns out to be 38, the moving average forecast for period 7 would be

Forecast Period 7:

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