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

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. MONTH 1 2 3 4 5 6 7 8 9 10 11 12 ACTUAL DEMAND 59 65 65 67 71 70 77 77 77 75 83 83 a. Calculate the simple three-month moving average forecast for periods 4-12. (Round your answers to 3 decimal places.) Three-Month Moving Average Month 4 5 6 7 8 9 10 11 12

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