Problem 3-3 (Algo) Given the following history, use a three-quarter moving average to forecast the...
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Finance
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 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.) Last year This year JAN 145 145 FEB 165 170 MAR 17e 180 APR 210 235 MAY 220 275 JUN 245 225 JUL 190 AUG 180 SEP 175 OCT 245 NOV 270 DEC 295 Forecast for the third quarter
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