Question: show process on the solution by equations Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the

show process on the solution by equations
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.80 $1.61 $1.60 $1.85 $1.91 $1.89 Month July August September October November December Price Per Chip $2.00 $1.75 $1.65 $1.60 $1.50 $1.75 This exercise contains only parts a, b, and C. a) Using a 2-month moving average, the forecast for periods 11 and 12 is (round your responses to two decimal places): Nov Dec Month Forecast Mar $1.71 Apr 1.61 May 1.73 Jun 1.88 Jul 1.90 Aug 1.95 Sep 1.88 Oct 1.70Step by Step Solution
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