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 100 125 135 175 185 200 150 140 130 200 225 250
This year 125 135 135 190 200 190
Forecast for the third quarter:
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Failure to pay child support can result in the suspension of your license
Answers (1)
To expand operations, Aragon Consulting issued 187,000 shares of previously unissued stock with a par value of $1. Investors purchased the stock for $32 per share. Prepare journal entries for the above transactions.
Answers (1)
The local bank is having far too many complaints about customer wait time. To compensate, the bank added one additional teller and instituted one queue that feeds all three teller lines.
Answers (1)
At the start of the year, Northern Lights has $8,000 worth of merchandise. What do we know about Northern Lights? A. the company ended with a net income last year. B. It's a retail business. C. It's a service business D.
Answers (1)
If you were arrested with no explanation, what would your friends and family assume you had done?
Answers (1)
New Questions in Business
Shoshone County uses the consumption method to account for supplies. At the beginning of the year the city had no supplies on hand. During the year the city purchased $450,000 of supplies for use by activities accounted for in the general fund.
Answers (1)
Blue Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $72,000 Depreciation on factory equipment 13,950 Sales salaries 47,500 Depreciation on delivery trucks 4,700 Property taxes on factory building
Answers (1)
Anthony is deciding between different savings accounts at his bank. He has four options, based on how frequently interest compounds.
Answers (1)
In defending the 68 cents each American taxpayer pays to support the National Endowment for the Arts (NEA), Rep.
Answers (1)
Desi's adjusted basis of her partnership interest was $40,000 immediately before she received a distribution in full liquidation of her Makris partnership interest. (The partnership had no hot assets and also liquidated.
Answers (1)