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 | 63 |
| 2 | 61 |
| 3 | 63 |
| 4 | 61 |
| 5 | 65 |

If actual demand in period 6 turns out to be 64, the moving average forecast for period 7 would be
\begin{tabular}{|l|} \hline Forecast Period 4 \\ \hline Forecast Period 5 \\ \hline Forecast Period 6 \\ \hline \end{tabular}
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