Question: Use the following problem statement to answer questions 1 - 5 . Demands for a newly developed salad bar at the PQR restaurant for the
Use the following problem statement to answer questions
Demands for a newly developed salad bar at the PQR restaurant for the first four months of this year are shown in the table below. Round to three decimal places. Note: Simple moving average method: Weighted moving average method: dots Exponential smothing method:
Month
Demand
January
February
March
April
What is the forecast for May if the twomonth moving average method is used?
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