Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. Last year This year JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 175 195 205 235 205 275 300 325 195 205 155 270 220 210 245 275 250 200 Forecast for the third quarter

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 2EA
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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, the
1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec.
Last year
This year
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
175 195 205 235 245 275 220 210 205 275 300 325
195 205
155 270 250 200
Forecast for the third quarter
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, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. Last year This year JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 175 195 205 235 245 275 220 210 205 275 300 325 195 205 155 270 250 200 Forecast for the third quarter
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