Course Solutions Uncategorized (Answered) : A store has the following demand figures for the last four years: Year | Demand 100 150 98 112 9 With a three-year moving average,

(Answered) : A store has the following demand figures for the last four years: Year | Demand 100 150 98 112 9 With a three-year moving average,

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:40 pm
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A store has the following demand figures for the last four years: Year | Demand 100 150 98 112 9 With a three-year moving average, what is the demand forecast for year 4? O124 0 116 O 120 O 105

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Expert Answer

Year Demand Moving average forecast
1 100
2 150
3 98 116
4 112 120
120 is average of 150, 98 and 112

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