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 | Demand |
| 1 | 57 |
| 2 | 53 |
| 3 | 58 |
| 4 | 54 |
| 5 | 59 |
forecast period 4 _______
forecast period 5 ________
forecast period 6 _______
If actual demand in period 6 turns out to be 58, the moving average forecast for period 7 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
