Solved: Using a three-month moving average find the july forecast, Accounting Basics

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Using a three-month moving average find the july forecast

Question - DFG Clocks has the following demand history for the past six months:

January 54

February 62

March 74

April 65

May 50

June 58

a. Using a three-month moving average, find the July forecast.

b. Using a weighted moving average with weights of 0.70, 0.20, and 0.10. Find the July forecast.

c. Using exponential smoothing with α=0.25 and a June forecast of 56, find the July forecast.

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Accounting Basics: Using a three-month moving average find the july forecast

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Accounting Basics: Using a three-month moving average find the july forecast

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