Answer:
The forecasted sales for the month of June is 2,000
Explanation:
Using the 3-period moving averages for computing the forecasted sale of umbrellas in the month of June and the formula to compute the same is as:
Forecasted sales = Sum of last three months sales / 3
where
Last 3 months before June will be:
March whose sales is 1,500
April whose sales is 2,000
May whose sales is 2,500
Putting the values above:
= (1,500 + 2,000 + 2,500) / 3
= 6,000 / 3
= 2,000
