Question: Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what procedure

Based upon the following historical data, calculate the following forecast and specify

what procedure you would utilize. ACTUAL MONTH DEM 64 69 65 71

73 76 82 83 85 10 12 a. Calculate the simple three-month

moving average forecast for periods 4+12. (Round your answer to 3 decimal

places.) Three-Month Moving Average Month 4 7

Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what procedure you would utilize. ACTUAL MONTH DEM 64 69 65 71 73 76 82 83 85 10 12 a. Calculate the simple three-month moving average forecast for periods 4+12. (Round your answer to 3 decimal places.) Three-Month Moving Average Month 4 7

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