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Period Moving Average

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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:
Period Demand
1 200
2 245
3 190
4 270
5 280
6 300
Compute a 3-period moving average for period 4.

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Solution Summary

This explains the 3-period moving average

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Period Demand MA value
1 200
2 245 211.67
3 190 ...

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