Question: Given the following history, use a three - quarter average to forecast the demand for the third quarter of this year. Note, the 1 st

Given the following history, use a three-quarter average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Ju, Aug, Sep; and 4th quarter Oct, Nov, Dec.
Month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Last Year 125145155195205225170160150225250265
This Year 145155140215230220
Forecast for the third quarter =

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