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Operations Management
JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 150 170 180 220 230 250 195 AUGUST 185 SEPTEMBER 175 OCTOBER 250 NOVEMBER 275 DECEMBER 300 This year 170 178 160 240 225 215

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 150 170 180 220 230 250 195 AUGUST 185 SEPTEMBER 175 OCTOBER 250 NOVEMBER 275 DECEMBER 300 This year 170 178 160 240 225 215

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note that the 1st quarter is January, February, and March; 2nd quarter April, May, June; 3rd quarter July, August, September; and 4th quarter October, November, December.

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 150 170 180 220 230 250 195 AUGUST 185 SEPTEMBER 175 OCTOBER 250 NOVEMBER 275 DECEMBER 300 This year 170 178 160 240 225 215
Transcribed Image Text:JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY Last year 150 170 180 220 230 250 195 AUGUST 185 SEPTEMBER 175 OCTOBER 250 NOVEMBER 275 DECEMBER 300 This year 170 178 160 240 225 215
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