Historical Demand For A Product Is January 13 February 12 March 11 April 13

Historical Demand for a product is:

January – 13

February- 12

March- 11

April- 13

May- 16

June- 14

Using a weighted moving average with weights of 0.60, 0.30, and 0.10 (most recent first), find the July forecast. (A number with one decimal place)

Using a simple three-month moving average, find the July forecast. (enter only a number with one decimal place)

 

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