Question

Given the following history, use a three-quarter moving average to forecast the demand for the third...

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.

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC  
  Last year 165 185 200 230 240 265 210 200 195 265 290 315
  This year 175 200 165 260 260 200
  Forecast for the third quarter=   

Homework Answers

Answer #1
Last year Month Month MA(3)
JAN 165 1 1 233.3
FEB 185 2 2 250.0
MAR 200 3 3 226.7
APR 230 1 Total 710.0
MAY 240 2
JUN 265 3
JUL 210 1
AUG 200 2
SEP 195 3
OCT 265 1
NOV 290 2
DEC   315 3
JAN 175 1
FEB 200 2
MAR 165 3
APR 260 1
MAY 260 2
JUN 200 3
Forecast for the third quarter = 710

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