Forecast for the third quarter

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Reference no: EM13961113

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 125 140 150 190 200 225 165 155 145 225 250 275

This year 140 150 170 205 230 260

Forecast for the third quarter?

Reference no: EM13961113

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