The number of automobile repairs performed by HiTech Service Center in each of the last three months is listed below.
|
Month
|
Jobs
|
|
Dec
|
82
|
|
Jan
|
91
|
|
Feb
|
97
|
Show all calculations in answering the following questions.
Use a three-period moving average to forecast the number of jobs for March.
Use a weighted three-month moving average, with weights of .6, .3 and .1, to forecast March jobs.
Now use the linear trend method to construct your forecast for March.