Actual demand for a product for the past three months was Three months ago Two months ago 425 units 375 units Last month 305 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.) Forecast for this month units

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Actual demand for a product for the past three months was
Three months ago
Two months ago
425 units
375 units
Last month
305 units
a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.)
Forecast for this month
units
Transcribed Image Text:Actual demand for a product for the past three months was Three months ago Two months ago 425 units 375 units Last month 305 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.) Forecast for this month units
Actual demand for a product for the past three months was
Three months ago
Two months ago
425 units
375 units
Last month
305 units
LIsing a simplo throo month mo
Transcribed Image Text:Actual demand for a product for the past three months was Three months ago Two months ago 425 units 375 units Last month 305 units LIsing a simplo throo month mo
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