Question: Forecasting Assignment Given the following data, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the first

Forecasting Assignment

  1. Given the following data, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the first quarter is January, February, and March; the second quarter is April, May, and June; the third quarter is July, August, September; and the 4th quarter is October, November, and December (Scroll left/right to view the entire table) LAST YEAR - DECEMBER - 360

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Last Year

210

235

245

285

295

310

260

250

240

310

335

360

This year

235

245

255

295

305

295

Answer (Please show your work below)

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