Business, 09.12.2020 08:20 lilinicholeb
The Hartley-Davis motorcycle dealer in the Minneapolis–St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the following table for the past year:
Month Motorcycle Sales
June 15
July 10
August 5
September 10
October 10
November 15
December 20
a. Compute a three-month moving average forecast of demand for January (of the next year).
b. Compute a five-month moving average forecast for January (of the next year).
Answers: 2
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