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Title: Pearson Education is interested in forecasting demand for the upcoming 14th edition of their most ...
Post by: 083055 on Dec 3, 2018
Pearson Education is interested in forecasting demand for the upcoming 14th edition of their most popular book, Introduction to Management Science by Bernard Taylor. The records shown in the table provide an excellent opportunity for you to assist them with their forecasting.

MonthActual Demand (millions)
7th Edition20
8th Edition25
9th Edition30
10th Edition32
11th Edition37
12th Edition46
13th Edition57

What is a three-period moving average forecast for the 14th edition?

• 47.33

• 46.66

• 45.38

• 44.29


Title: Pearson Education is interested in forecasting demand for the upcoming 14th edition of their most ...
Post by: Tomeau on Dec 3, 2018
46.66