Discuss the below in detail:
Q: The number of automobile repairs performed by HiTech Service Center in each of the last three months is listed below.
Month Jobs
December 82
January 91
February 97
Show all calculations in answering the following questions.
Use a three-period moving average to forecast the number of jobs for March.
Use a weighted three-month moving average, with weights of .6, .3 and .1, to forecast March jobs.
Now use the linear trend method to construct your forecast for March.