Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:

$$\begin{array} { c c }
\text { Period } & \text { Demand } \
\hline 1 & 200 \
2 & 245 \
3 & 190 \
4 & 270 \
5 & 280 \
6 & 300 \
\hline
\end{array}$$
-Daily highs in Sacramento for the past week (from least to most recent) were:
95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 3-day moving average.

Question

Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
 
$$\begin{array} { c c } 
\text { Period } & \text { Demand } \
\hline 1 & 200 \
2 & 245 \
3 & 190 \
4 & 270 \
5 & 280 \
6 & 300 \
\hline
\end{array}$$
-Daily highs in Sacramento for the past week (from least to most recent) were:
95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 3-day moving average.

Quizplus · Accepted Answer

The Answer of Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6-period time frame:
 
$$\begin{array} { c c } 
\text { Period } & \text { Demand } \
\hline 1 & 200 \
2 & 245 \
3 & 190 \
4 & 270 \
5 & 280 \
6 & 300 \
\hline
\end{array}$$
-Daily highs in Sacramento for the past week (from least to most recent) were:
95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 3-day moving average.

Given the Following Data on the Number of Pints of Ice