Question: Forecasting Assignment use Excel to graph and calculate forecasts Problem # 1 Over the past three months the demand for product XYZ has been 2

Forecasting Assignment use Excel to graph and calculate forecasts
Problem #1
Over the past three months the demand for product XYZ has been 255,219 and 231 units. Calculate the three-month moving average forecast for month 4.
If the actual demand in month 4 is 228, what will be the forecast for month 5?
Month
Demand
Forecast
1
255
2
219
3
231

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