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You are using the moving-average forecasting method based on sales in the last three months to forecast sales for the

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You are using the moving-average forecasting method based on sales in the last three months to forecast sales for the next month. When making the forecast for last month, sales for the third month before were 805. The forecast for last month was 782 and then the actual sales turned out to be 793. What is your new forecast for next month?

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Introduction to Operations Research

Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Question Posted: March 13, 2018 08:21:55
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