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Compute four-month moving average forecast of demand

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Reference no: EM131725010

A dealer in the Chicago area wants to be able to forecast accurately the demand for the motorcycle. From sales records, the dealer has accumulated the following data for the second half of 2000.

Month                  Sales

July                  10

August             15

September        23

October            44

November        54

December        36

Compute a 4-month moving average forecast of demand for December 2000 and January 2001.

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Reference no: EM131725010

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