Question: Simple Moving Average Forecast Compute the sales forecast for the month of July using the 6-month simple moving average forecasting technique and the following data:
Simple Moving Average Forecast
Compute the sales forecast for the month of July using the 6-month simple moving average forecasting technique and the following data:
(Refer to Slide 31 in Chapter 02 -or- Pages 48 and 49 in the textbook)
Monthly sales for the RUOK Company for the last 6 months are as follows:
Month Units
January 54,000
February 66,000
March 48,000
April 54,000
May 60,000
June 72,000
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