Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 110 130 140 180 190 210 155 AUGUS 145 This year 135 145 190 205 235 270 Forecast for the third quarter 456
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December. Note: Round final answer to a whole number. JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 110 130 140 180 190 210 155 AUGUS 145 This year 135 145 190 205 235 270 Forecast for the third quarter 456
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Transcribed Image Text:Problem 3-3 (Algo)
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year.
Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September
and 4th quarter October, November, December.
Note: Round final answer to a whole number.
JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
JULY
Last year
110
130
140
180
190
210
155
AUGUS
145
This year
135
145
190
205
235
270
Forecast for the third quarter
456
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