Question: Need help in solving this using Static Method of Forecasting. Consider monthly demand for the ABC Corporation, as shown in Table. Forecast the monthly demand
Need help in solving this using Static Method of Forecasting.
Consider monthly demand for the ABC Corporation, as shown in Table. Forecast the monthly demand for Year 4 using the static method for forecasting.

\begin{tabular}{lrrr} Sales & Year 1 & Year 2 & Year 3 \\ \hline January & 2,000 & 3,000 & 2,000 \\ February & 3,000 & 4,000 & 5,000 \\ March & 3,000 & 3,000 & 6,000 \\ April & 5,000 & 5,000 & 3,000 \\ May & 4,000 & 5,000 & 4,000 \\ June & 6,000 & 7,000 & 6,000 \\ July & 7,000 & 3,000 & 7,000 \\ August & 6,000 & 8,000 & 10,000 \\ September & 10,000 & 12,000 & 15,000 \\ October & 12,000 & 11,000 & 15,000 \\ November & 14,000 & 16,000 & 18,000 \\ December & 8,000 & 10,000 & 8,000 \\ Total & 80,000 & 87,000 & 99,000 \end{tabular}
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