Question: Demand values for a product for the four more recent periods are shown below. Compute the Forecast for Period 5 using a 3 - period

Demand values for a product for the four more recent periods are shown below. Compute the Forecast for Period 5 using a 3-period Moving Average method.
Demand
1
12
2
15
3
15
4
18
Period 5 Forecast (using 3 period Moving Average): ____________________(Use 2 decimals)

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