Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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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 Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct,
Nov, Dec. (Round final answer to a whole number.)
JUN
FEB
140
150
APR
180
200
MAY
190
200
ОСТ
220
DEC
270
JUL
SEP
NOV
235
JAN
MAR
AUG
155
Last year
This year
120
140
150
220
165
145
155
230
Forecast for the third quarter
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Transcribed Image Text: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 Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. (Round final answer to a whole number.) JUN FEB 140 150 APR 180 200 MAY 190 200 ОСТ 220 DEC 270 JUL SEP NOV 235 JAN MAR AUG 155 Last year This year 120 140 150 220 165 145 155 230 Forecast for the third quarter
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