Question: 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
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
1
2
3
5
Demand
44
42
44
42
47
Forecast Period 4
Forecast Period 5
Forecast Period 6
If actual demand in period 6 turns out to be 44, the moving average forecast for period 7 would be
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